To compensate for the collapse of intermediation and the fragility of financial markets during the 2007-2009 financial crisis, central banks deployed all but which of the following unconventional tools?

Question

Quizplus · Accepted Answer

Lowering interbank lending interest rate targets is not an unconventional tool, as it is a regular monetary policy tool used by central banks. Policy duration commitments, quantitative easing, and credit easing are all unconventional tools that were used by central banks to address the financial crisis.

To Compensate for the Collapse of Intermediation and the Fragility