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VIRTUAL - The Coronavirus and the Federal Reserve

April 06, 2020 • 12:30 PM • Online
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The coronavirus pandemic has upended American capitalism and forced the Federal Reserve (Fed) and central banks around the word to take drastic steps to keep money flowing throughout the financial system. The Fed has dusted off its 2007-09 financial crisis playbook and expanded it with unprecedented lending facilities that target corporate America directly. What is the purpose of these programs, how do they work, and what tools remain in the Federal Reserve's toolbox to help aid the economy during these unprecedented times? Please join us via Zoom to hear the answers to these questions. Featured speakers include former Deputy Treasury Secretary and Federal Reserve Board Governor, Sarah Bloom Raskin; Global Financial Markets Center faculty director, Lawrence Baxter, and Global Financial Markets Center executive director, Lee Reiners. Please RSVP to jean.jentilet@law.duke.edu to receive the Zoom password. Sponsored by the Global Financial Markets Center.