£40.70

Brand: Nova Science Pub Inc Nova Science Financial Alarm and Federal Reserve Response Book

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£40.70 £9.27 £16.13 £22.99 £29.84 £36.70 £43.56 17 March 2026 27 March 2026 07 April 2026 17 April 2026 28 April 2026

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Most common price: £12 (21 days, 48.8%)

Price range: £12 - £41

Price levels: 7 different prices over 43 days

Description

Gain deep insights into modern economic policy with Financial Alarm and Federal Reserve Response. This volume examines the critical actions taken by the Federal Reserve to manage the financial turmoil that began in August 2007. It provides a detailed look at how the Fed utilized open market operations to increase reserves and adjusted the federal funds and discount rates to stabilize the economy. Readers will learn about the expansion of credit facilities and the shift toward direct lending to non-bank financial firms. This specific move represents a significant change in monetary policy, marking the first time since the Great Depression that non-bank entities and non-members of the Federal Reserve System were permitted to borrow directly. This book is an essential resource for anyone studying economic issues, policy development, and the evolution of the American financial landscape in the 21st century.

Key Features

Covers the Federal Reserve policy response to the financial turmoil starting in August 2007.

Explains the use of open market operations to increase banking system reserves.

Details the adjustments made to the federal funds rate and discount rate.

Analyzes the expansion of lending to both banking systems and non-bank financial firms.

Provides historical context regarding lending practices not seen since the Great Depression.

Used book provided in good condition for academic or professional study.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 April 2012
Listed Since
16 September 2011

Barcode

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