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COVID-19’s Effects on the Economy and the Fed’s Response

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Abstract

The U.S. economy started strong in 2020, but then the COVID-19 pandemic brought about the most abrupt economic slowdown in U.S. history. This Page One Economics describes Federal Reserve actions that stabilized financial markets and bolstered the economy.

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  • Jane E. Ihrig & Gretchen C. Weinbach & Scott A. Wolla, 2020. "COVID-19’s Effects on the Economy and the Fed’s Response," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, August.
    • Handle: RePEc:fip:fedlpo:88576
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    Cited by:

    1. Jane E. Ihrig & Scott A. Wolla, 2020. "Let's Close the Gap: Revising Teaching Materials to Reflect How the Federal Reserve Implements Monetary Policy," Finance and Economics Discussion Series 2020-092, Board of Governors of the Federal Reserve System (U.S.).
    2. Ruiqiang Song & Min Shu & Wei Zhu, 2021. "The 2020 Global Stock Market Crash: Endogenous or Exogenous?," Papers 2101.00327, arXiv.org.

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    Keywords

    COVID-19;

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