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Regional Spotlight: Navigate the Financial Crisis with New St. Louis Fed Web Site

Wednesday, April 1, 2009

Don’t get lost amid the stories, events, rumors, analyses and actions surrounding the current financial crisis. Make sense of it all with a new, dynamic St. Louis Fed web site.

The Financial Crisis: A Timeline of Events and Policy Actions site outlines events in financial markets from February 2007 to the present. The web site includes brief descriptions of market events and actions that the Fed and other government agencies have taken, links to relevant St. Louis Fed research papers, and links to press releases, SEC filings, congressional testimony and other primary documents.

The site features charts and data showing the effects of the Fed’s new lending facilities. It also answers questions on the causes of the financial crisis and compares the current crisis with the Great Depression. Interested bankers can subscribe to the site’s RSS feed for the latest news and updates. (Look for the Timeline RSS link near the top of the center column.)

“The Federal Reserve and other agencies have taken many steps to contain the financial crisis and limit its impact on the broader economy,” said St. Louis Fed President Jim Bullard. “As we begin to move forward, it is critically important that we clearly communicate these actions to better ensure their success.”

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See the timeline