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federal reserves

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federal reserves

Re: federal reserves post# 97513

Tuesday, 04/15/2003 9:42:08 AM

Tuesday, April 15, 2003 9:42:08 AM

Post# of 704047
FED pump coming again....


NEW YORK (Dow Jones)--The Federal Reserve is arranging an overnight system repurchase agreement Tuesday, the Federal Reserve Bank of New York confirmed.

Federal funds were trading at 1 3/8%, above the Fed's 1 1/4% target rate, when the central bank entered the market.

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