Foo, Check-Teck - In: Journal of Risk Finance 9 (2008) May, pp. 292-302
Purpose – On September 18, 2007, the Federal Reserve Open Market Committee took a major step by cutting the federal funds rate by one-half a percent (50 basis points). The only time this had happened in the USA was immediately after the September 11, 2001 attacks. Then the sub-prime...
