Sentences with phrase «ensuing global financial crisis»

In the wake of the Great Recession starting in 2007 and the ensuing global financial crisis, as well as European sovereign debt crisis, the FOMC maintained a record low target interest rate of 0 % to 0.25 % in order to encourage growth.

Not exact matches

Reflecting on his work, Genocchio states: I was struck immediately by the universal pertinence of this work — it spoke to me, across borders, time, about the economic determinism of our age, maybe of all ages, but something that felt especially relevant given the global financial crisis and ensuing recession.