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Tuesday, 3 February 2015

The Federal Reserve's response has continued to Evolve.

http://en.wikipedia.org/wiki/Federal_Reserve_System#cite_note-91

The Federal Reserve's response has continued to evolve since pressure on credit markets began to surface last summer, but all these measures derive from the Fed's traditional open market operations and discount window tools by extending the term of transactions, the type of collateral, or eligible borrowers.

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