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Then and now: Fed policy actions during the great depression and great recession

Author

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  • David A. Lopez

Abstract

Although the recent Great Recession was severe, its financial impact never paralleled that of the Great Depression. The November Newsletter compares these two economic downturns and shows how lessons learned in the Great Depression helped current Federal Reserve policymakers stabilize the economy during the recent economic crisis.

Suggested Citation

  • David A. Lopez, 2011. "Then and now: Fed policy actions during the great depression and great recession," Liber8 Economic Information Newsletter, Federal Reserve Bank of St. Louis, issue November.
    • Handle: RePEc:fip:fedlli:y:2011:i:november
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    File URL: http://research.stlouisfed.org/pageone-economics/uploads/newsletter/2011/Lib1111ClassrmEdition.pdf
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    File URL: http://research.stlouisfed.org/pageone-economics/uploads/newsletter/2011/Lib1111.pdf
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    File URL: https://research.stlouisfed.org/publications/page1-econ/2011/11/01/then-and-now-fed-policy-actions-during-the-great-depression-and-great-recession
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