Federal Reserve Releases Transcripts Of Unfolding 2008 Crisis
Five years after the 2008 financial crisis, the Federal Reserve is providing a inside glimpse of how it kept financial markets from collapsing, averting the worst economic crisis since the Great Depression. The Federal Reserve released transcripts of more than a dozen policy meetings beginning in January 2008, when then Federal Reserve Chief Ben Bernanke and other Fed officials candidly expressed fears that the economy was continuing to slide and that the fallout had broadened from financial sector stocks to the broader U.S. and overseas stoc markets.
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