Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Origins and Mission of the Federal Reserve The Federal Reserve after World War II The Federal Reserve's Response to the Financial Crisis The Aftermath of the Crisis

The Aftermath of the Crisis

In the fourth lecture, the Chairman discusses the monetary policy responses to the recession, the sluggish recovery from it, the changes in financial regulation that followed the crisis, and the implications of the crisis for central bank practice in the future.

Lecture Materials

The Aftermath of the Crisis (PDF) | Accessible Version

Last Update: January 27, 2017

Economic Education

The Aftermath of the Crisis

Lecture Materials