Fed Chaos: Picture

A picture is worth a thousand words and that one speaks for itself.
The hand marker shows the first intervention by the Fed.The legend says:
The spread is typically narrow and relatively constant. Oh yeah…

a1_027.png

Source: FRB-NY DOMESTIC OPEN MARKET OPERATIONS DURING 2007

Posted by jck at 11:27 am EST on March 19th, 2008 |

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