Word: demanding
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Dates: during 1950-1959
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...action, free reserves are well above $350 million, where bankers consider that credit begins to tighten. Though short-term interest rates have improved, most bankers expect the prime rate to hold at 3½% for some time because there is still no big jump in industry's demand for money. Business loans, which dropped $1.8 billion in the first half of 1958, show only slight signs of picking up. Said one Manhattan banker: "There is still inventory liquidation, and business loans are still off. We anticipate that it will be next year before we can expect business loans...
...still only 2.6% of total U.K. exports. In a more realistic vein, the London Times warned: "When the Communists talk about increasing trade, they are as often concerned with the political effect of their words as with any goods they may want to buy." Added a Ruhr industrialist: "The demand for Russian caviar is not unlimited in Germany, and it is not always easy to obtain other goods for which we might have better...
...does it? The U.S. could indeed have serious inflation if fiscal irresponsibility at Government levels piled up national debts heavier than the economy can absorb. It might also have inflation if the wage spiral got out of hand, or if capacity to produce fell so far short of demand that prices suddenly shot up by 10% or 20%. It will not have "inflation" by any sensible definition of the word so long as the U.S. can manage its debts and prices rise by 1% or 2% each year, for as economists now know, such gently rising prices are expectable...
Concluded Curtice: "By 1965 it is reasonable to assume that the demand for new passenger cars will be in the area of 8,000,000 units annually...
...April recession peak. Most economists fear that the total will remain high for months. Just as production drops off faster than employment when a recession begins, so employment recovers more slowly as a recession peters out, largely because of recession-time economies and technological advances that lessen the demand for workers...