In Eye of Economic Storm, the Fed Blinked.

The article discusses the U.S. Federal Reserve's (Fed's) economic stimulus response to the 2008-2009 global financial crisis, highlighting the release of transcripts of the Fed's 2009 policy meetings. The author notes that the transcripts show that former Fed chairman Ben S. Bernanke expressed concerned regarding how much the Fed could do to improve the U.S. economy, as well as the Fed's 2009 bond-buying policy and lowering of interest rates.