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To: T L Comiskey who wrote (104892)9/17/2001 5:00:39 PM
From: Kenneth V. McNutt  Read Replies (3) | Respond to of 152472
 
<<The Federal Reserve will continue to supply unusually large volumes of liquidity to the
financial markets, as needed, until more
normal market functioning is restored. As a consequence, the FOMC recognizes that the
actual federal funds rate may be below
its target on occasion in these unusual circumstances. >>

Please excuse the dumb questions. Where does the Fed get the money, how is it injected into the system and where does it go??

Ken.