Wednesday September 08 , 2010
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Monetary Policy USA, American Dollar, Currency Trend

Monetary Policy USA

Monetary Policy

Developments in Financial Markets and the Federal Reserve's Balance Sheet

The Manager of the System Open Market Account reported on recent developments in domestic and foreign financial markets. The Manager also reported on System open market operations in Treasury securities, agency debt, and agency mortgage-backed securities (MBS) since the Committee's June 23-24 meeting. By unanimous vote, the Committee ratified those transactions. There were no open market operations in foreign currencies for the System's account during the intermeeting period. The Federal Reserve's total assets were about unchanged, on balance, since the Committee met in June, remaining at approximately $2 trillion as the System's purchases of securities were essentially matched by a further decline in usage of the System's credit and liquidity facilities.

 

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Central Banks Interest Rates

US       0.25%
UK 0.5%
EMU / EURO 1%
Japan 0.1%
Switzerland 0.25%
Canada 0.25%
Australia 3%
New Zealand 2.5%
Sweden 0.25%

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Gold rates, gold trading

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