Emergency cut tomorrow?
- Thread starter faith4more
- Start date
Go to http://www.federalreserve.gov/boarddocs/meetings. They have these meetings every other day.
LOL, the longs are really desperate now.
The fed has a target rate of 3%. Correct me if I'm wrong, but are these meetings regarding FOMC enforcement of rates?
They have these meetings but read the text on what this one is about.
" Review and determination by the Board of Governors of the advance and discount rates to be charged by Federal Reserve Banks."
Shorts not going to sleep well
" Review and determination by the Board of Governors of the advance and discount rates to be charged by Federal Reserve Banks."
Shorts not going to sleep well
Agency: Board of Governors of the Federal Reserve System
Time, date: 11:30 a.m., Monday, March 3, 2008
Place: Marriner S. Eccles Federal Reserve Board Building, 20th and C Streets, N.W., Washington, D.C. 20551
Status: Closed
Matters to be Considered:
1. Personnel actions (appointments, promotions, assignments, reassignments, and salary actions) involving individual Federal Reserve System employees.
2. Any items carried forward from a previously announced meeting.
For more information please contact: Michelle Smith, Director, or Dave Skidmore, Assistant to the Board, Office of Board Members at 202-452-2955.
Look at the Feb 19 one. It said the same thing, and there was no cut on that date.
http://www.federalreserve.gov/boarddocs/meetings/2008/20080219/advancedexp.htm