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02613aam a2200337 i 4500 001 95AACEE29F7611ECBC2E855C59ECA4DB 003 SILO 005 20220309010020 008 210702s2022 nyu e b 001 0 eng d 020 $a 9780316272810 020 $a 0316272817 035 $a (OCoLC)1258675055 040 $a YDX $b eng $e rda $c YDX $d BDX $d RNL $d HBP $d PUL $d WIM $d IOU $d SILO 043 $a n-us--- 082 04 $a 330.973 $2 23 100 1 $a Timiraos, Nick, $e author. 245 10 $a Trillion dollar triage : $b how Jay Powell and the Fed battled a president and a pandemic -- and prevented economic disaster / $c Nick Timiraos. 246 30 $a How Jay Powell and the Fed battled a president and a pandemic -- and prevented economic disaster 250 $a First edition. 264 1 $a New York : $b Little, Brown & Company, $c 2022. 300 $a viii, 342 pages ; $c 24 cm. 504 $a Includes bibliographical references (pages 307-326) and index. 520 $a By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America's workplaces--offices, shops, malls, and factories--shuttered. Many of the nation's largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market. Nick Timiraos, the Wall Street Journal's chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country's most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? 651 0 $a United States $x Economic policy $y 2009- 650 0 $a COVID-19 Pandemic, 2020- $x Economic aspects $z United States. 651 0 $a United States $x Economic conditions $y 2009- 941 $a 2 952 $l SFPH074 $d 20240716034204.0 952 $l BAPH771 $d 20220309010111.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=95AACEE29F7611ECBC2E855C59ECA4DB 994 $a C0 $b IOUInitiate Another SILO Locator Search