Fed To Hold Urgent Monday April 5th meeting
There seems to be news circulating today that the fed wish to hold an urgent meeting next week April 5th. VERY INTERESTING!!
It is anticipated that a closed meeting of the Board of Governors of the Federal Reserve System at 11:30 a.m. on Monday, April 5, 2010, will be held under expedited procedures, as set forth in section 26lb.7 of the Board’s Rules Regarding Public Observation of Meetings, at the Board’s offices at 20th Street and C Streets, N.W., Washington, D.C. The following items of official Board business are tentatively scheduled to be considered at that meeting.
Meeting date: April 5, 2010
To Be Discussed: Review and determination by the Board of Governors of the advance and discount rates to be charged by Federal Reserve Banks.
So what’s this about. hhhhhhmmmmm ? I sit here pondering We never got this sort of notice before!
I guess if this is their idea of a April fools joke, nobody will be laughing. Assuming this isn’t some sort of April Fool’s joke by Bernanke and pals this may be a warning of a major sea change coming. For me this is interesting….but we are left waiting in suspense I guess until next week.
More evil schemes planned, or will the fed realise that they have come to the end of their rope. I doubt the latter!!! Time will tell ladies and gentlemen.
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