Assignment: Federal Reserve and the Great Recession Analysis
This topic related to the Great Recession:
o The housing price bubble, collapse, foreclosures, bailout of underwater mortgages
Write a 600 words analysis of 1 of the following corrective actions taken by the Federal Reserve as a result of the crisis:
i. Quantitative easing
ii. Purchase of toxic assets from financial institutions
iii. Paying interest on reserve balances
Address the following in your analysis:
i. Actions taken by the Federal Reserve to mitigate the crisis
ii. How the corrective action helped to restore stability to the financial system
iii. How the corrective action should prevent recurrence of a similar crisis
Note: Use of charts and graphs is encouraged with appropriate citations. Any charts or graphs retrieved from the Federal Reserve Bank of St. Louis FRED website may only be included when the data sources used by FRED are US government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics.
Format your assignment according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.