Recent financial crisis and the monetary policy of the FED

The diploma thesis describes the implementation of the monetary policy by FED and its goals. Afterwards the aim of the thesis is focus on the plain definition of a crisis followed by describtion of the causes and the course of the recent crisis and the monetary policy reactions of FED regarding the recent crisis. Finally, the thesis plots the assumed impacts of the crisis with a probable prediction of the following course of the crisis in the financial sector and the real economy