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 Date: 2009-08-09 20:34:58Economics Subprime mortgage crisis Finance Late-2000s financial crisis Federal Reserve System Commercial Paper Funding Facility Term auction facility Money market Market liquidity Federal Reserve Financial markets Financial economics |
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Box A: Developments in the US Federal Reserve’s Instruments Since the start of September, a number of central banks have made further changes to their policy instruments in light of increased strains in credit and mone