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Starting in late 2007, faced with acute financial market distress, the Federal Reserve created programs to keep credit flowing to households and businesses. The loans extended under those programs helped stabilize the financial system.
Janet Yellen
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"Starting in late 2007, faced with acute financial market distress, the Federal Reserve created programs to keep credit flowing to households and businesses. The loans extended under those programs helped stabilize the financial system."
— Janet Yellen #moneywealth

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Starting in late 2007, faced with acute financial market distress, the Federal Reserve created…

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Starting in late 2007, faced with acute financial market distress, the Federal Reserve created programs to keep credit flowing to households and businesses. The loans extended under those programs helped stabilize the financial system. — Janet Yellen

About Janet Yellen

Janet Yellen was a Public Servant from United States (1946–present).

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Frequently Asked Questions

Who said "Starting in late 2007, faced with acute financial market distress, the Federal…"?
This quote is attributed to Janet Yellen, a Public Servant from United States.
When did Janet Yellen live?
Janet Yellen lived from 1946 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.