SendPrintAdd To New York Fed to 'evaluate' need for open market operations

The New York Federal Reserve Bank said that its open market operations desk will consider whether to add additional cash to the financial markets at 9.30 am.


In a statement, the NY Fed said, "The Desk will evaluate whether it needs to conduct operations at its normal operating time of 9:30 am. In addition, the Desk stands ready to conduct additional operations later in the day as needed."