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Post# of 648882
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Tuff-Stuff

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Tuff-Stuff

Re: Tuff-Stuff post# 321294

Friday, 05/28/2010 11:42:36 AM

Friday, May 28, 2010 11:42:36 AM

Post# of 648882
In a small step toward tightening money, the Fed announces "small value" auctions of term deposits, starting with a sale of $1B in 14-day deposits on June 14 and moving to auctions of 28-day and 84-day deposits. When a big decision to tighten comes, the Fed may use bigger term deposits to start sopping up cash.

Your World Is As BIG as You Make It!!!

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