All of the following central banks took action to stimulate their economies following the 2007-2009 financial crisis and recession by implementing negative interest rates EXCEPT
A) the U.S. Federal Reserve.
B) the European Central Bank.
C) the Swiss National Bank.
D) Denmark's Nationalbank.

Question

Quizplus · Accepted Answer

The U.S. Federal Reserve did not implement negative interest rates following the 2007-2009 financial crisis and recession. Instead, they utilized other tools such as quantitative easing and forward guidance to stimulate the economy.

All of the Following Central Banks Took Action to Stimulate