Emergency Fed Meeting details
- Thread starter cgtrader
- Start date
http://www.dailyreckoning.co.uk/article/emergencyratecutsthefedcomestotherescue0545.html
"The Federal Reserve with itâs leader Ben Bernanke met in emergency session and announced a .5% discount rate reduction about an hour and a half before the bell. The futures trading showed a big weaker opening before the announcement and quickly reversed once the Fed move hit the street."
http://themortgageinsider.net/the-federal-reserve/emergency-fed-meeting-cuts-discount-rate/
"The Federal Reserve with itâs leader Ben Bernanke met in emergency session and announced a .5% discount rate reduction about an hour and a half before the bell. The futures trading showed a big weaker opening before the announcement and quickly reversed once the Fed move hit the street."
http://themortgageinsider.net/the-federal-reserve/emergency-fed-meeting-cuts-discount-rate/
are you disputing bloomberg and Fed board release, because you know more than them and they are wrong?
Original question, did the fed ever have an emergency meeting? If so, how did it play out? I think the detailed chart answers that question.
Since you are above the boards, perhaps you can post some 'facts' indicating the fed never has emergency meetings outside of regularly scheduled meetings.
Maybe some of your yahoo buddies can corroborate some of the facts for you.
Original question, did the fed ever have an emergency meeting? If so, how did it play out? I think the detailed chart answers that question.
Since you are above the boards, perhaps you can post some 'facts' indicating the fed never has emergency meetings outside of regularly scheduled meetings.
Maybe some of your yahoo buddies can corroborate some of the facts for you.