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Use the drop-down menus to complete each sentence. A notable action taken by the Fed during the financial crisis of 2008 was carrying out open market operations, which was intended to lower the . The actions taken by the Fed have immediate positive results, despite the fact that the Federal Funds Rate reached nearly .

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Based on the Fed's actions in 2008, the following are true:

  • Open market operations were intended to lower short term interest rates.
  • The effects were not immediately positive.
  • This was despite the fact that the Federal Funds Rate nearly reached 0%.

Economy in 2008

  • The World's economy went through the Great Recession.
  • To help the U.S. bounce back, the Fed initiated several reforms such as reducing the Federal Funds Rate and engaging in Open Market Operations.

Both of these measures were meant to reduce short term interest rates which would have hopefully inspired people to borrow and both consume and invest more in the economy. The results were not immediate and took some time.

Find out more about the Great Recession at https://brainly.com/question/25664180.

clairembevans2006

Answer:

Federal Funds Rate

did not

0%

Explanation:

edge 2022

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