Word: boarded
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Dates: during 1990-1999
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...gloom-and-doom scenario, the Federal Reserve Board will not be satisfied with such modest rate hikes. In order to nip in the bud any renewal of inflation, the Fed will begin an aggressive tightening of credit and deliberately push interest rates much higher still. That will cause a chain reaction. It will knock stock and bond prices much lower, make consumer buying and business investment more difficult to finance, and maybe put a stop to what is about to become the longest economic expansion in U.S. history...
That is the conclusion of TIME's Board of Economists, which met recently in Manhattan to assess prospects for the U.S. economy and stock market. And that opinion comes from Wall Street itself; on this occasion the board was composed of influential investment advisers, chosen to offer a different perspective from academic and corporate economists. The panelists disagreed considerably on the likely course of the stock market and the broader economy next year and after. But on the subjects of inflation and interest rates they chorused in unison: not to worry...
...major brokerage company, predicts an actual decline in the rate of the 30-year Treasury bond to around 5.75% by year's end and possibly to 5.5% sometime in 2000. Barton Biggs, chairman of Morgan Stanley Dean Witter Investment Management, is generally the most pessimistic of the board members, but on this subject he goes Battipaglia one better. His prediction: "A year from now [the 30-year Treasury rate] will be in the area...
Lewis sits at the heard of the 25-memberAdministrative Board, which disciplinesundergraduates guilty of "conduct unbecoming of aHarvard student." You don't want your firstencounter with Lewis to take place at an Ad Boardhearing...
...thanked Wilson and the members of the Board of Trustees for trusting Harvard to be attentive to women's issues...