Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (67073)	2/13/2001 9:40:06 AM
From: robnhood	Read Replies (2) of 436258

<< -The Federal Reserve is executing a round of overnight matched sales Tuesday, the Federal Reserve Bank of New York confirmed. Matched sales are intended to drain reserves from the banking system to keep the interbank federal-funds lending rate from going too low. At 9:30 a.m. EST (1430 GMT), fed funds were trading at the Fed's 5 1/2% target. >>

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