Board of Governors of the Federal Reserve System

crisis, which was averted by a response across the U.S. government and...response to the GFC by addressing gaps in financial market oversight,

Crisis Response Guide. Finally, even amid greater uncertainty about economic...Crisis Response Manual Given recent U.S. experience in responding to the

For release on delivery 1:35 p.m. EST (10:35 a.m. local time) January 9, 2025 Reflections on 2024: Monetary Policy, Economic Performance, and

Crisis responseMonetary policy normalizationFed's balance sheetFederal

crisis. In response, following enactment of the Troubled Asset Relief ...crisis response by U.S. authorities was fairly quick and complete. The

Crisis responseMonetary policy normalizationFed's balance sheetFederal...crisis that emerged in 2007. For reports and disclosures on current Federal

crisis and during the COVID-19 pandemic. I will then discuss some considerations...response to QE.4 Overall, the evidence indicates that the Fed’s LSAPs

crisis, policymakers and researchers have studied tools to address financial...crisis effects once they occur.1 While both approaches have received significant

Crisis responseMonetary policy normalizationFed's balance sheetFederal...crisis, the Federal Reserve provided support to certain specific institutions