Word: discounted
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Dates: during 1990-1999
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...clients: "Will someone please remind this guy that he is Chairman of the Federal Reserve Board of Governors! Send him some antidepressants. Consumers are frightened enough without hearing all this depressing talk from Mr. Greenspan." Urged Yardeni: "Let's have a full-point cut in the discount rate today!" The message evidently got through. Late in the week Greenspan turned Santa Claus. He lowered the discount rate, which is what banks are charged for borrowing money from the Fed, by a full percentage point. The new 3.5% rate is the lowest in 27 years. Commercial banks quickly followed by dropping...
CAPTION: FED DISCOUNT RATE...
Weekend; $5 discount for students...
Midweek (student discount...
...concert of the season with Stravinsky's Suite No. 1 for Small Orchestra, Prokofieff's Peter and the Wolf, Op. 67 (1936) and Mozart's Violin Concerto No. 5 in A Major, K.V. 219. In Paine Hall at 8 p.m. Tickets are $6, $5 for students, with a $1 discount when purchased in advance, and are available in the Holyoke Center Ticket Office...