Material Detail

This 17-minute video explains all the different Federal Reserve actions to stabilize the economy beginning the morning of September 11. It is a great overview of the Fed and how they function, showing specific examples of the different things they do: cash in ATMs, FedWire, SwapLines for foreign currency, FOMC adjusting the federal funds rate target, etc. Some actual news footage from 9/11 is included, including film from the security cameras at the New York Regional Federal Reserve Bank, which is located two blocks from ground zero.

This will delete the comment from the database. This operation is not reversible. Are you sure you want to do it?

Thank you for reporting a broken "Go to Material" link in MERLOT to help us maintain a collection of valuable learning materials.

If you feel this material is inappropriate for the MERLOT Collection, please click SEND REPORT, and the MERLOT Team will investigate. Thank you!

You are being taken to the material on another site. This will open a new window.

Do not show me this again