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