Yes indeed. I had a look at the FED calendar after Silv's post and it "rang alarm bells".
The last meeting was Sep 21-22 and the next meeting was set down for Nov 1-2. To suddenly come up with a "Closed Board Meeting" on Oct 3 is somewhat worrying. I wonder if they will follow BoE and change direction because the omens are not looking good. America is a "wasteland" largely because of the FED IMO! I have copied and pasted below the Notice and the matters to be considered from their website.Government in the Sunshine Meeting Notice
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 a.m. on Monday, October 3, 2022, will be held under expedited procedures, as set forth in section 261b.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board’s offices at 20th and C Streets, N.W., Washington, D.C. and by audio/video conference call. The following items of official Board business are tentatively scheduled to be considered at that meeting.
Meeting Date: Monday, October 3, 2022
Matter(s) to be Considered:
1.Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.
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Open | High | Low | Value | Volume |
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23 | 3719309 | 0.022 |
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Price($) | Vol. | No. |
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