Prevented the 2001 recession from worsening
The Fed's actions in cutting interest rates prevented the 2001 recession from worsening.
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The Global Financial Crisis »The Global Financial Crisis
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Long-term causes of the financial crisis? »Long-term causes of the financial crisis?
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Unintended consequences of earlier public policy choices »Unintended consequences of earlier public policy choices
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US spending funded by credit »US spending funded by credit
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Response of Bush Administration to 2001 recession »Response of Bush Administration to 2001 recession
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The Fed cut interest rates in response to the recession »The Fed cut interest rates in response to the recession
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Prevented the 2001 recession from worsening
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