Word: braked
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...money supply expanded at an annual rate of 8% during the year's first half. Even after the midyear tax increase, the Fed's governors continued to ease credit because, like most other experts, they misjudged how quickly the surtax would begin to brake the economy. In the last three months, the Fed has changed course, holding the increase in the money supply to a moderately constrictive rate of 3.8% a year...
...included in this figure is the batch of 41,850 Econoline vans called back by Ford last week. A worker at the company's Lorain, Ohio, plant hit upon a production shortcut by shoving brake hoses through a spring coil. It saved time and money while it lasted, but the resulting malfunction of the Econoline's front brake may now cost Ford $100,000 to repair...
...encouraged by the length of Svoboda's stay in Moscow. "If the Soviets had been convinced that they were right," said Agriculture Minister Josef Boruvka, "the negotiations would not have lasted more than an hour." One report said that Svoboda was promising to reimpose a degree of censorship and brake the democratization a bit as part of a political compromise. The Russians, in return, would permit not only Dubcek but also Cernik and Smrkovsky to continue in office. This would leave mat ters pretty much where they stood after Cierna?except that Soviet tanks would still be in Czechoslovakia...
...Westinghouse Air Brake...
Putting on the Brakes. Though many economists and businessmen considered the drastic measure necessary to check the speed of economic expansion, it has several negative aspects-apart from the extra tax wallop. At a time when job opportunities for the poor must be broadened, unemployment may increase as a result of belt tightening by both Government and private enterprise. With contracts in the steel, shipping and aerospace industries due to expire in the next few months, a wave of serious strikes could brake the economy further. Nor is the rate of consumer-price increases likely to decline for several months...