Johnson Lectures in U.K. on U.S. Financial Crisis

Professor Christian Johnson spoke during the last week of March in the U.K. at the University of Surrey near London and at the University of Warwick in Coventry on the actions taken by the U.S. Federal Reserve to help quell the financial crisis. The talks focused on the various programs that were created by the Federal Reserve and quantifies the high balances in these programs and their current status. The talks described how the Federal Reserve injected hundreds of billions of dollars of liquidity and credit into the U.S. financial markets from 2008 through the present, and discussed the various concerns and issues that come from such aggressive monetary actions.