Word: fed
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Dates: during 1950-1959
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...talky-what with having to cast its vote for either irreproachable dullness or irresponsible dash. In the end, daughter goes off for a before-the-wedding whirl with her fermented father-presumably as a way of eating her cake and having it, too, or of becoming so well fed with cake as to want only bread and cheese thereafter...
...detailed two courses that the college might follow in the next decade: 1) to aim for continuity, preserve in the college the same standards and values it has now; 2) to stiffen entrance requirements drastically, and insist that incoming freshmen possess much of the knowledge that now must be fed to them in time-devouring basic courses...
...Federal Reserve Board last week approved a discount-rate hike from 2% to 2½% for five of its district banks, but for reasons that had little to do with the threat of inflation. The hike was not designed to tighten credit, explained the Fed, but to bring the central bank rate in line with other short-term rates. Reason: the average yield on Treasury bills has been running three-quarters of 1% above the Fed's 2% discount rate, making it possible for commercial banks to borrow from the Fed at 2% and invest in Treasury bills that...
...Dime. Day after the Fed's announcement, industrials moved up again. At week's end the rally sent industrials up 6.25 points to set another historic high at 546.36. The week's daily average volume of 4,880,514 was the highest for any week since July...
...this one has been flaunted without scaring some people. I'm afraid a lot of our problem of inflationary psychology has been of the Government's own making." Even the Federal Reserve Bank, which waved the warning flag hardest, is having some second thoughts. Says a Fed spokesman: "As you look at the economy now, inflation is a state of mind rather than a state of facts...