FRB: Speech--Bernanke, Federal Reserve Policies to Ease Credit and Their Implications for the Fed's Balance Sheet--February 18, 2009

What a great recap of the Fed's actions over the past year or so. Great read. It is Bernanke at his best.FRB: Speech--Bernanke, Federal Reserve Policies to Ease Credit and Their Implications for the Fed's Balance Sheet--February 18, 2009: "We live in extraordinarily challenging times for the global economy and for economic policymakers, not least for central banks such as the Federal Reserve.