Federal Reserve and the Great Recession Analysis
Use the following topic related to the Great Recession:
Subprime mortgages and derivatives, bailout of FNMA, Freddie Mac and AIG
Write a 350- to 700-word analysis of of the following corrective actions taken by the Federal Reserve as a result of the crisis:
Quantitative easing
Purchase of toxic assets from financial institutions
Paying interest on reserve balances
Address the following in your analysis:
Actions taken by the Federal Reserve to mitigate the crisis
How the corrective action helped to restore stability to the financial system
How the corrective action should prevent recurrence of a similar crisis