Federal Reserve Bank of St. Louis
Page One Economics Newsletter
Then and now: Fed policy actions during the great depression and great recession
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", Page One Economics Newsletter, Federal Reserve Bank of St. Louis, issue November, 2011.
Keywords: Recessions ; Depressions ; Monetary policy - United States
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