Emergency cut tomorrow?

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

  1. Bowgett

    Bowgett

  2. bat1

    bat1

    THANKS FOR THE TIP:)
     
  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

    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.

    http://www.federalreserve.gov/boarddocs/meetings/2008/20080219/advancedexp.htm
     
  7. check with Day , he'll know the answer to that :p
     
    #10     Mar 3, 2008