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Bix Weir ALERT: Fed Holding Emergency Meeting on Monday to Decide Interest Rates
Put this in the category of “Fed Panic”!
Advanced Notice of a Meeting under Expedited Procedures It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 AM on Monday, November 23, 2015, 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: Monday, November 23, 2015 Matter(s) Considered
1. Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.
A final announcement of matters considered under expedited procedures will be available in the Board’s Freedom of Information and Public Affairs Offices and on the Board’s Web site following the closed meeting.
Something just snapped and it has finally broken to the forefront at the Federal Reserve. Not sure what it is exactly as there are so many things teetering on the brink of destruction but an emergency meeting to decide interest rates will probably have MANY people on the wrong side of this move by the Fed.
Until Monday…
May the Road you choose be the Right Road.
Bix Weir
Source: http://blogdogcicle.blogspot.com/2015/11/gmail-bix-weir-alert-fed-holding.html
