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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (67400)8/10/2007 10:48:51 AM
From: Chispas  Respond to of 116555
 
Release Date: August 10, 2007 -
.......................................
"The Federal Reserve is providing liquidity to facilitate the orderly functioning of financial markets.

The Federal Reserve will provide reserves as necessary through open market operations to promote trading in the federal funds market at rates close to the Federal Open Market Committee's target rate of 5-1/4 percent. In current circumstances, depository institutions may experience unusual funding needs because of dislocations in money and credit markets. As always, the discount window is available as a source of funding..........."

urbansurvival.com



To: Chispas who wrote (67400)8/10/2007 11:30:36 AM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
That $19 billion figure is pretty low, CNBS said something like $240 billion ?