How the Fed is tackling turmoil

The Federal Reserve has acted in line with its dual mandate in taking the four measures made to rein in the recent bout of market turmoil, said Frederic Mishkin, a governor at the central bank.

Mishkin said: "Although financial disruptions present one of the most difficult challenges that central banks can face, I believe that these measures have been appropriate for achieving our macroeconomic objectives of promoting price stability and maximum sustainable employment."

Since the crisis erupted

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account