Word: businessmen
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Dates: during 1970-1979
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...Federal Reserve has indeed begun raising short-term interest rates-to try to rein in what it considers an overly rapid growth in the money supply now that inflation is bumping back up to double-digit levels. The Federal Reserve's move toward tighter credit, while welcomed by businessmen who share Burns' concern about inflation, helped to dash hopes of a spring rally in the stock market. Having worried down steadily from its close of 1004.65 last Dec. 31, the Dow Jones industrial average dropped another 31.63 points last week to 898.83, its lowest level in 16 months...
...bitter winter weather, the nation's total output of goods and services was revised upward to an annual rate of 6.4% - adjusted for inflation - during the first quarter. The preliminary figure released in April - 5.2% - was some what less rosy because earlier guesstimates about the pace at which businessmen were rebuilding their inventories had been too low. Industrial production remained strong in April, rising by nearly 1%. Although housing starts, at an annual rate of 1.8 million, were down from the March level, they were still an impressive 35% ahead of a year ago. And the seven-tenths...
Walter E. Washington, mayor of Washington, D.C., Jerald Stevens, Massachusetts secretary of human services, Don K. Price, dean of the Kennedy School of Government and over 60 other academica, administrators and businessmen participated in the conference...
...Chilean affairs under the U.P. government. Footage from Chilean news broadcasts and American Senate hearings illustrates the extent to which the CIA and the International Telephone and Telegraph Company (ITT) fomented opposition to Allende's regime. By creating economic chaos, multinational companies and the CIA managed to bring small businessmen and other members of the Chilean middle class into the opposition...
...than 1 million, or just below 5% of the labor force, is unacceptably high, providing the Communist-Socialist alliance with ammunition. Refusing to yield to pressures for a major reflation, Premier Raymond Barre now plans to pump only a modest $800 million into the economy during the next year. Businessmen, fearing a victory of the Communist-Socialist alliance in the 1978 elections, are delaying investments...