Fed Reflects on Financial Crisis and Its Root Causes

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Fed Reflects on Financial Crisis and Its Root Causes

The ongoing financial crisis started small, but continued to build on itself until it reached its zenith, according to studies released at the recent Federal Reserve Bank of Chicago conference on Bank Structure and Competition.“The credit crisis that began in the summer of 2007 is a powerful reminder of the importance of financial market liquidity for macroeconomic stability,” said Arv
 
Topic: Government & Collections