FED CUTS AGAIN
Tags: INTEREST rates -- Government policy; UNITED States -- Economic conditions -- 1981-2001; UNITED States. Federal Reserve Board
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Argues that the United States Federal Reserve Board should act decisively to speed up an economic recovery. Impact of an interest rate reduction; Reduction of short-term interest rates by a half-point; Overall effect of rate reductions on the economy.
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Discusses the continued health of the United States economy as of March 1999 despite the myriad of reasons it should begin to flag. Overvalued stock market; Concerns over inflation failing to materialize; Economists admitting their confusion over the state of the economy; Federal Reserve Board...
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- Too Little, Too Late? // Current Events;2/9/2001, Vol. 100 Issue 18, p2
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- Economy down, but looking up. Scherer, Ron // Christian Science Monitor;7/30/2001, Vol. 93 Issue 171, p1
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- Elusive rebound is ever just ahead. Francis, David R. // Christian Science Monitor;8/20/2001, Vol. 93 Issue 186, p1
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- Consumer Confidence at 2d-Highest. Del Giudice, Vincent // American Banker;05/31/2000, Vol. 165 Issue 104, p24
Reports on the confidence in the United States economy, due to its second-highest levels ever, in May 2000. Suggestion that interest rates will not curtail consumer spending soon after this record; Limited effect of a stock market decline and the Federal Reserve Board's increase of the...
