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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (37109)	2/4/1999 5:37:00 PM
From: RealMuLan	of 94695

NEW YORK, Feb 4 (Reuters) - The Federal Reserve said on Thursday it had two large one-day net misses in its reserve projections in the latest week. Thursday February 4, 5:12 pm Eastern Time N.Y. Fed Press Briefing - February 4 Transportation float averaged about $350 million per day with the high on Wednesday at about $1 billion, primarily due to bad weather in Northeast, particularly fog on the coast. The two large one-day misses were on January 29 and February 1 because projections were less than anticipated. biz.yahoo.com

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