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The Shape Of Things To Come?


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Snow on crapvision right now talking about the merit of a floating yuan.

 

Says floating currencies are the best way for "global imbalances" to be addressed.

 

:lol: ?:lol: ?:lol:

 

Whose "imbalances" Snowy-boy?! ?Theirs or ours?

 

Now they have him in the itty-bitty corner box and a large graphic of the U.S. Trade Deficit.

 

U.S. steel tariffs "were useful." ?Administration is still in "review" mode about 'em.

 

"Core inflation rates are the lowest they've been in 40 years."

 

Does this guy pack his lunchpail in his eyebrows? ?:P

yuan and doola --

floater and sinker

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Snow on crapvision right now talking about the merit of a floating yuan.

 

Says floating currencies are the best way for "global imbalances" to be addressed.

 

:lol: :lol: :lol:

 

Whose "imbalances" Snowy-boy?! Theirs or ours?

 

Now they have him in the itty-bitty corner box and a large graphic of the U.S. Trade Deficit.

 

U.S. steel tariffs "were useful." Administration is still in "review" mode about 'em.

 

"Core inflation rates are the lowest they've been in 40 years."

 

Does this guy pack his lunchpail in his eyebrows? :P

Snow- "core inflation rates remain low" - do core rates exclude energy, insurance, food, and metals?

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Here ya go, Mo-Mo...

 

 

 

 

Temporary Open Market Operations for November 17, 2003

 

Delivery date: Monday, November 17, 2003

Maturity date: Tuesday, November 18, 2003

The Desk has entered the market announcing: O/N RP 1

 

 

Treasury

Collateral

Operation Agency

Collateral

Operation Mortgage-Backed

Collateral

Operation

Weighted Average Rate

1.080 N/A N/A

Stop Out Rate (Lowest Rate Accepted) 1.080 N/A N/A

Highest Rate Submitted 1.080 1.090 1.090

Lowest Rate Submitted .900 1.040 1.050

Total Propostions Submitted (in $bil.) 36.150 7.800 4.400

Total Propositions Accepted (in $bil.) 12.000 .000 .000

 

Total Money Value of Operation (in $bil.) 12

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