Executive's Guide to Fed Policy and Associated Risks: Part 2
Understanding Financial Stability Risks as Monetary Policy Shifts
The Conference Board,
2021
Recommendation
The Federal Reserve took extraordinary policy measures to stabilize and boost the US economy in the 2007–2009 Great Recession, as well as during the 2020 COVID-19 pandemic-induced downturn. In this follow-up explainer of the central bank’s inner workings, experts Dana Peterson and Hollis W. Hart explore the systemic risks associated with the Fed’s use of nontraditional monetary tools. Executives and financial professionals will find this a useful primer on the Fed’s policy shifts and adaptations.
Summary
About the Authors
Dana Peterson is chief economist at the Conference Board. Hollis W. Hart, a former executive at Citi, is a senior fellow at the Conference Board and an advisory board member at ReferencePoint.
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