2007 transcripts show Fed officials underestimated approaching financial crisis
WASHINGTON — Federal Reserve officials in 2007 underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the worst recession since the Great Depression, transcripts of the Fed's policy meetings that year show.
The meetings occurred as the country was on the...
Tags:
2007 transcripts show Fed officials underestimated approaching financial crisis,
Economy Latest News