This case describes the efforts of Ben Bernanke, chairman of the Federal Reserve, to increase liquidity in the money markets for mortgage crisis. The explanation four major new instruments of monetary policy (or quantitative easing), the Federal Reserve has used in the period between 2007 and 2009: Term Auction Facility (TAF), the primary dealer credit (PDCF), the term securities lending Facility (TSLF) and assets Commercial Paper Money Market Mutual Fund Liquidity Fund (AMLF). "Hide
by Aldo Musacchio, Dante Roscini Source: Harvard Business School 7 pages. Publication Date: January 21, 2009. Prod. #: 709041-PDF-ENG