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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (3656)11/29/2001 10:22:19 PM
From: ahhahaRead Replies (2) of 24758
 
I had said that FED has been stingy. The below evidence, at least for November, doesn't strongly support such a claim. The data below would imply about a $50 billion/yr rate. During the last 6 months it has been running as high as an $80 billion/yr rate. Jury's out.

Monday, Nov 26, 2001
Fed added $943 million reserves via coupon pass - 11:17 am

Tuesday, Nov 20, 2001
Fed adds $705 mln in permanent bank reserves via coupon pass - 3:31 pm

Wednesday, Nov 14, 2001
Fed adds $2.09 bln in permanent bank reserves via bill pass - 10:52 am

Thursday, Nov 8, 2001
Fed's coupon pass adds $729 mln in reserves - 1:25 pm
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