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7.The financial crisis of 2007-09 resulted in immediate action by the Fed to cut interest rates. Two or three months later some economic commentators complained
7.The financial crisis of 2007-09 resulted in immediate action by the Fed to cut interest rates. Two or three months later some economic commentators complained that the Federal Reserve's policies had obviously failed to turn the economy around because things were still getting worse.Was this a fair complaint against the Fed?Why or why not?
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