U.S. policy mix in countering the aftermath of the financial market collapse

Bazyli Samojlik

DOI: lack

Vol no: 4

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For the first time in the history of central banking, the U.S. central bank FED has assumed the main burden of restoring the normal operation of financial markets. Financial markets are integrated parts of the global financial market, but the interdependence between segments of the global financial market is not feedback. The efficient operation of one segment of the financial market does not mean that efficiency occurs in another segment of the financial market.