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Why Did The Fed Overcome The Financial Crisis Of 2008

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Why Did The Fed Overcome The Financial Crisis Of 2008
In order to fight the economic recession due to the Financial crisis of 2008, the Fed took the decision to keep rates artificially low. The main purpose was to stimulate the economic growth by making the money cheaper. Also, the Fed injected liquidities in the Financial system to prevent the collapse of the economy. Thus, the fed lower the cost of borrowing in order to spur the consumer and business spending ("Why the Slump Lasts").
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