Statement Regarding Open Market Operations
August 13, 2007
The Desk will evaluate whether it needs to conduct operations at its normal operating time of 9:30 a.m. In addition, the Desk stands ready to conduct additional operations later in the day as needed.
Fed link
Federal Funds data was 4.68% on Friday, target rate was 5.25%, 1.57% std. dev. link
Now, if you look at the link, you will see that the daily range was 0% and 6.05%.
- kisa
