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Compare the Fed's responses to the 2008 GFC and the 2020 Coronavirus Pandemic. Have there been any major changes in how the Fed responds to
Compare the Fed's responses to the 2008 GFC and the 2020 Coronavirus Pandemic. Have there been any major changes in how the Fed responds to the following sectors? Give a brief description of responses in both 2008 and 2020, if they differ; if they are the same, describe how that has worked.
i. Banks' needs?
ii. Nonfinancial firms' needs?
iii. Households' needs?
iv. State and municipal governments' needs?
v. International banks and central banks' needs?
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