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Pastimes : All Clowns Must Be Destroyed

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To: MythMan who wrote (908)1/3/2000 11:24:00 AM
From: Cynic 2005  Read Replies (1) of 42523
 
One missed dose to the drug addicts can cause major fits. -g-

Monday January 3, 9:54 am Eastern Time
Fed refrains from 9:30 a.m. open market operations
NEW YORK, Jan 3 (Reuters) - The Federal Reserve confirmed on Monday it refrained from its regular 9:30 a.m. open market operations.

Earlier in the session, the Fed added $8.990 billion in temporary reserves to the banking system through a round of overnight system repurchase agreements.

In early dealings, federal funds were trading at 5-3/4 percent, according to Garban-Intercapital, above the Fed's 5-1/2 percent target for the rate.
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