Reduce liability for losses on commercial accounts by adhering to four requirements. 


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30-Day Yield — 0.02

7-Day Comp Yield — 0.01

All Taxable Averages (Based on 1,026 funds with assets of $2.32 trillion - 5/22/13)

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Minutes of the Federal Open Market Committee, October 23-24, 2012

 

Nov 16 - The Federal Reserve Board and the Federal Open Market Committee has released the minutes of the xommittee meeting held on Oct. 23-24, 2012.

The minutes for each regularly scheduled meeting of the committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the board's annual report. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the committee at the time of the meeting.

The minutes of the meeting scheduled Dec. 11-12, 2012, will be released Jan. 3, 2013, one day later than usual, because of the proximity of the ordinary release date to the New Year's holiday.

FOMC minutes can be viewed on the board's website at www.federalreserve.gov/monetarypolicy/fomccalendars.htm.

 


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