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Fed's actions



A question for Doug Henwood (Hi Doug) and others:

The New York Times reported on Friday that the Fed purchased government
bonds of $70 billion on Thursday (after buying $38 billion on Wednesday),
which it called "one of the biggest such operation in memory".  It also
said that on a normal day the purchase would be "several billion dollars".

Does anybody know:

1. Other examples of such high purchases, and what the numbers were?

2. How much the Fed purchased on Friday, which was not reported in
Saturday's paper (at least I couldn't find it).


Thanks in advance,
Fred Moseley


P.S.  The Monday opening of Wall St. should be very interesting.




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