The recession is now over and the US economy is recovering. To deal with the crisis, the Federal Reserve followed an unusually aggressive monetary policy expansion – cutting the Federal funds rate from 5.25 per cent in August 2007 to close to zero by the end of 2008, and introducing unprecedented quantitative easing with its purchases of mortgage-backed securities and Treasury securities.
現在衰退已經結束，美國經濟正在復蘇。為了應對危機，美聯儲(Fed)采取了異常激進的擴張性貨幣政策：把聯邦基金利率從2007年8月的5.25%一路降到2008年底的近零水平，同時實行空前的量化寬松政策，買進抵押貸款支持證券(MBS)和國債。
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