Publication:

Federal Reserve System Monthly Report on Credit and Liquidity Programs and the Balance Sheet

2009-2012

The Federal Reserve prepared this monthly report as part of its efforts to enhance transparency about the range of programs and tools that have been implemented in response to the financial crisis and to ensure appropriate accountability to the Congress and the public from June 2009 to August 2012. The Federal Reserve's statutory mandate in conducting monetary policy is to foster maximum employment and stable prices. Financial stability is a critical prerequisite for achieving sustainable economic growth and price stability, and the steps taken since the summer of 2007 were necessary to support the liquidity of important financial markets and institutions in light of the extraordinary strains in financial markets.

  • Monthly Report on Credit and Liquidity Programs and the Balance Sheet
  • Credit and Liquidity Programs and the Balance Sheet

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The Federal Reserve filed these reports with Congress pursuant to section 129(b) of the Emergency Economic Stabilization Act of 2008. The reports provided updates concerning the lending facilities established by the Board under section 13(3) of the Federal Reserve Act that were outstanding at the time. These regular updates were published as Reports Pursuant to Section 129 of the Emergency Economic Stabilization Act of 2008 from September 2008 to October 2009 and again from October 2012 to November 2014.

Subsequent to August 2012, similar information is published in the "Quarterly Report on Federal Reserve Balance Sheet Developments," available on the Board's public website.

2009-2012

Board of Governors of the Federal Reserve System

Board of Governors of the Federal Reserve System (U.S.)

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Board of Governors of the Federal Reserve System (U.S.), 1935-. Federal Reserve System Monthly Report on Credit and Liquidity Programs and the Balance Sheet. Washington, D.C.: Board of Governors of the Federal Reserve System, 2009-2012. https://fraser.stlouisfed.org/title/5154, accessed on December 13, 2024.