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To: Les H who wrote (4518)1/3/2003 10:02:32 AM
From: pallmer  Read Replies (1) | Respond to of 29599
 
-- DJ Fed Doesn't Intervene In Money Market During Usual Period --


NEW YORK (Dow Jones)--The Federal Reserve didn't intervene in the money market
Friday during its usual intervention period around 9:30 a.m. EST (1430 GMT).
Federal funds are changing hands at the target rate of 1 1/4%, and have been
stable during the session.

-By Michael Mackenzie, Dow Jones Newswires; 201-938-5451;
michael.mackenzie@dowjones.com

(END) Dow Jones Newswires
01-03-03 1001ET- - 10 01 AM EST 01-03-03