Emergency cut tomorrow?

Discussion in 'Trading' started by faith4more, Mar 2, 2008.

  1. Bowgett


  2. bat1


  3. The fed has a target rate of 3%. Correct me if I'm wrong, but are these meetings regarding FOMC enforcement of rates?
  4. 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
  5. Bowgett


    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.
  6. Look at the Feb 19 one. It said the same thing, and there was no cut on that date.

  7. check with Day , he'll know the answer to that :p
    #10     Mar 3, 2008