Document Type
Lessons Learned
JEL Codes
G01, G28
Abstract
Charged with overseeing the implementation of the asset-purchase programs and liquidity facilities in his roles as executive vice president of the Markets Group and manager of the System Open Market Account at the Federal Reserve Bank of New York (FRBNY), Brian Sack played a critical role in keeping markets functioning during the years 2009–2012. He served as an adviser to top policymakers, and, in addition to implementing the various programs designed to stabilize financial conditions, he monitored their impact and measured their performance. This Lessons Learned summary is based on an interview with Sack on November 13, 2020.
Recommended Citation
Ward, Sandra
(2022)
"Lessons Learned: Brian Sack,"
Journal of Financial Crises: Vol. 4
:
Iss. 3, 216-218.
Available at:
https://elischolar.library.yale.edu/journal-of-financial-crises/vol4/iss3/13
Date Revised
2022-09-23
Included in
Economic Policy Commons, Finance and Financial Management Commons, Macroeconomics Commons, Policy History, Theory, and Methods Commons, Public Administration Commons