Has the fed saved us from another great depression

Reference no: EM13684666

Has the Fed saved us from another Great Depression?

Since the recession of 2007, the U. S. Federal Reserve has increased bank reserves and brought the federal funds rate (interest rate charged with banks on interbank loans) down to 0.25 %.

Did this policy save U. S. from another Great Depression?

Reference no: EM13684666

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