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Part 3: Monetary Policy in 2008 and Early 2009 - Federal Reserve
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The Great Recession of 2008: A Timeline and Its Effects
WebOct 11, 2024 · During the Great Recession that followed, millions of unemployed Americans, understandably, pinned their economic hopes on college completion. ... doubling the maximum Pell Grant award, and creating new free-college programs. ... the American labor market is in a period of disruption that may be even greater than the 2008 recession. This … WebApr 24, 2024 · By October 2008, Congress approved a $700 billion bank bailout, now known as the Troubled Asset Relief Program. By February 2009, Obama proposed the $787 … WebAs 2008 began, economic indicators suggested an increased risk of recession. Federal Reserve Chairman Ben Bernanke testified before Congress that quick action was needed … morris finance reviews