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Stewards of the Market

Stewards of the Market

How the Federal Reserve Made Sense of the Financial Crisis

By Mitchel Y. Abolafia

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Publish Date

2020

Publisher

Harvard University Press

Language

eng

Pages

192

Description:

"Mitchel Abolafia goes behind the scenes with the Federal Reserve's powerful Open Market Committee as it responded to the 2008-2009 financial crisis. Relying on verbatim transcripts of closed meetings, Abolafia shows how assumptions about self-correcting markets stymied the Fed and how its leaders came to embrace new ideas"--