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Federal Reserve Bank of St. Louis
Liber8 Economic Information Newsletter
Then and now: Fed policy actions during the great depression and great recession
David A. Lopez
Abstract

Although the recent Great Recession was severe, its financial impact never paralleled that of the Great Depression. The November Newsletter compares these two economic downturns and shows how lessons learned in the Great Depression helped current Federal Reserve policymakers stabilize the economy during the recent economic crisis.


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David A. Lopez, "Then and now: Fed policy actions during the great depression and great recession" , Federal Reserve Bank of St. Louis, Liber8 Economic Information Newsletter, issue November, 2011.
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Keywords: Recessions ; Depressions ; Monetary policy - United States
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Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

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