This is something of a radical change, by Fed standards, and a curious one. Until 1994, the Fed declined even to notify the public of policy changes, leaving an army of Wall Street "Fed watchers" to figure them out for themselves. The FOMC did not regularly release statements until 1999. Most Fed chairmen have tended to shy away from the cameras. Now, Bernanke is thrusting himself in front of them.[//more at link]
http://www.slate.com/id/2292069/?from=rss
Will the dollar tank even more after this meeting? Going below 76-73 cents?
http://dollarcollapse.com/inflation/one-chart-two-ways-to-measure-the-dollars-decline/attachment/dollar-and-gold-april-2011-3/
(w/chart of decline compared to rise of GOLD)
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[//] more at http://www.bloomberg.com/news/2011-04-26/treasuries-advance-as-u-s-aucti... [6] [//]
and http://thecomingdepression.blogspot.com/ [7] how the fed could kill the dollar tomorrow.
But of course, they are really good at not giving up much information. And, one has to wonder, is there more then one set of books??
Hehee, Betty
Links:
[1] http://topics.bloomberg.com/new-york/
[2] http://topics.bloomberg.com/ben-s.-bernanke/
[3] http://www.federalreserve.gov/newsevents/press/monetary/20110324a.htm
[4] http://www.goldshark.com/
[5] http://www.kitco.com/connectndx.html
[6] http://www.bloomberg.com/news/2011-04-26/treasuries-advance-as-u-s-auctions-2-year-notes-amid-speculation-on-fed.html
[7] http://thecomingdepression.blogspot.com/