21st Century Monetary Policy: The Federal Reserve from the Great Inflation to Covid-19

by Ben S. Bernanke

Book Overview

21st Century Monetary Policy takes readers inside the Federal Reserve, explaining what it does and why. In response to the COVID-19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U.S. economy. Chair Jerome Powell and his colleagues lent directly to U.S. businesses, purchased trillions of dollars of government securities, pumped dollars into the international...

• Format: Paperback
• Language: English
• ISBN: 1324064870
• ISBN13: 9781324064879
• Release Date: May 2023
• Publisher: W. W. Norton & Company
• Length: 528 Pages
• Weight: 0.86 lbs.
• Dimensions: 0.9" x 5.6" x 8.3"