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
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Long-term causes of the financial crisis? Â»Long-term causes of the financial crisis?
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Unintended consequences of earlier public policy choices Â»Unintended consequences of earlier public policy choices
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US spending funded by credit Â»US spending funded by credit
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Response of Bush Administration to 2001 recession Â»Response of Bush Administration to 2001 recession
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The Fed cut interest rates in response to the recession Â»The Fed cut interest rates in response to the recession
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Prevented the 2001 recession from worsening
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