Emergency FOMC meeting

Quote from wareco:

Anyone notice that this is a FRB meeting, and not an FOMC meeting?

Yeah, I was just going to point that out, but you got there first.

Now the question is, is that more serious than an unscheduled FOMC meeting or not?
 
Quote from AAAintheBeltway:

The Venezuelean sitaution is driving oil. Tanks on the colombian border, wild threats by a crazy marxist thug, etc. We could see shooting anytime and US intervention.
Venezuela produces only a very small part of oil consumed worldwide, besides it's sour crude (high in sulfur).
 
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