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bob3

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bob3

Re: Stock post# 51586

Wednesday, 08/15/2007 9:57:44 AM

Wednesday, August 15, 2007 9:57:44 AM

Post# of 68636
Fed. No Action today



http://www.ny.frb.org/markets/omo/dmm/temp.cfm

==========================================

Statement Regarding Open Market Operations

http://www.newyorkfed.org/markets/operating_policy_081507.html

Preliminary estimates suggest that an overnight RP, which would be conducted at the Desk's normal operating time of 9:30 a.m., will be needed to accommodate heightened reserve needs typical on a Treasury mid-quarter refunding date.

In addition, the Desk stands ready to conduct further operations later in the day if needed.
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