Word: costlier
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...least understood agencies; it treasures its independence from President, political parties and pressure groups. Martin and the six other governors of the Federal Reserve manipulate the levers that control the nation's money supply and interest rates. Today, as a result of their actions, money is tight and costlier to borrow than at any time since the Civil War. To their distaste, bankers have to turn down customers seeking loans; businessmen have to put off some projects because credit is so expensive; brokers watch helplessly as investors shift out of stocks into high-yielding bonds; customers have...
...economist, warned the Joint Congressional Economic Committee that current tight-money policies may have to be maintained throughout 1969. It is now considered quite possible that commercial banks will once again raise the prime interest rate, which is already at 7%. Any further increase would make it that much costlier for companies to carry out capital-spending plans...
...ravenously and relentlessly eat into their real income. Inflation is reflected in price rises that reached an annual rate of 4.7% in December. It is particularly burdensome for the poor, who are least able to adjust to the ever higher cost of goods and services. By making U.S. products costlier and less competitive on world markets, it has also hurt the nation's bal ance of payments. Inflation's grip is so tenacious that it will undoubtedly take all of the Government's weapons and will to curtail it for any sustained period...
...villages reflect the fact that Mediterranee, which once appealed mostly to secretaries and young marrieds, has lately been attracting affluent, middle-aged vacationers as well. Within the next year Blitz, 56, still the club's chief, plans to open both an inexpensive "family village" in Tunisia and a costlier, more comfortable resort on Martinique. Last month the club, which was founded mainly to provide Frenchmen with vacations abroad, came full circle. It agreed to manage four new vacation resorts for the French government. French tourism declined by more than 10% in 1968, and officials want to use the Blitz...
...guard at Fiat was not quite comfortable with the high-living heir. Early on, too, he suffered a setback. Alfa-Romeo, a rather small, state-owned company that specialized in costlier high-performance cars, made plans for building a southern Italian plant to mass produce medium-priced cars. Agnelli used all his prestige and persuasion to try to block government approval of the Alfa-Romeo expansion, but failed. By 1971, when Alfa-Romeo begins turning out 450,000 cars a year, Fiat will have the novel experience of facing real Italian competition in the medium-priced field...