Federal Reserve and Government Agency Links
Keeping Track of
the Financial Crisis
James Bullard speaks on the origins of the financial crisis:
|»||"What Challenges Do We Face for Regulatory Reform?" June 15, 2009. Video | Transcript|
|»||"Did the Fed Leave Interest Rates Too Low for Too Long?" June 11, 2009. Video | Transcript|
|»||"What Happened?" June 9, 2009. Video | Transcript|
Frequently Asked Questions about the Financial Crisis
The financial crisis has interfered with the Fed's ability to operate a conventional monetary policy. Lender-of-last-resort measures have been a primary focus. The FOMC has reduced its target for t...
Monetary policy remains potent. Even with the fed funds rate at zero, the Fed can continue to influence financial markets and the economy through open market operations and various lending programs...
The Federal Reserve Board releases the minutes of its meetings from July 13, 2008 through December 16, 2008 concerning Federal Reserve liquidity facilities and other issues related to the financial turmoil.
Freddie Mac announces that it had a net loss of $23.9 billion in the fourth quarter of 2008, and a net loss of $50.1 billion for 2008 as a whole. Further, Freddie Mac announces that its conservator has submitted a request to the U.S. Treasury Department for an additional $30.8 billion in funding for the company under the Senior Preferred Stock Purchase Agreement with the Treasury.