Janet Yellen: View of the Economic Crisis and the Fed's Response (6/30/09)

from Janet Yellen: View of the Economic Crisis and the Fed's Response held on June 30, 2009

View of the Economic Criss and the Fed's Response

Janet L. Yellen, Ph.D., President and CEO, Federal Reserve Bank of San Francisco

Amid the deepest recession of the postwar era, the Federal Reserve faces one of the gravest challenges of its 96-year history. Yellen assesses the state of the economy while explaining the thinking and the actions behind some of the Fed’s precedent-shattering initiatives to rescue a financial system in crisis and help jump-start economic growth.

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