Word: fed
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Dates: during 1990-1999
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...Federal Reserveincreased two key interest ratesby three-quarters of a percentage point, the sixth hike this year, and the largest in 13 years. Several major money center banks immediately responded by raising prime lending rates to a three-year high of 8.5 percent. Economists and business leaders said the Fed action undermines a thriving U.S. economy and could threaten continuing economic growth by slowing consumer spending. But other economic observers said the rate hike could assure the economy of a soft landing at the end of the current economic cycle, limiting the impact of roller-coaster economic growth. (See MONEYWATCH...
...Epicentre or sushi at Horikawa. The cuisine was rarely the same, but the luncheon agenda never varied: how to pick a jury likely to find Simpson not guilty of first-degree murder. Life during jury selection was quite different for Don Vinson, jury consultant for the prosecution. Vinson tirelessly fed the responses of potential jurors to Judge Lance Ito's 80-page questionnaire into computers at the offices of DecisionQuest, handing out sophisticated analyses to the D.A. But after two court appearances early in the process, Vinson disappeared...
...Treasury saves an estimated $15 billion a year since it pays nothing on the dollars held overseas that don't make their way into American interest-bearing accounts. At the same time, since the flow of funds abroad cannot be precisely quantified, it makes it almost impossible for the Fed to gauge the domestic money supply and thus know with certainty how to manipulate it. "Estimates of currency held abroad are subject to considerable error," Fed Chairman Alan Greenspan testified before Congress last August. "We are looking at this issue in considerable detail...
...surprising number of defectors claim to have been Communist Party members in good standing who were fed up with the decline of living standards and the complete isolation of North Korea. Chung Kee Hea, 52, said he held a senior party job but still could barely feed his family. Last December he walked across the frozen Yalu, planning to get a job in China and then bribe guards to let his five children and wife join him. When he realized it was difficult to make a living on the run in China, he moved on to South Korea. The danger...
...poor themselves, in a stunning inversion of Scripture, have taken the place of the demons and Pharisees. Well-fed intellectuals trip over one another in their eagerness to castigate the down-and-out as muggers, sluts, and even -- in the case of Richard Herrnstein and Charles Murray in their new book, The Bell Curve -- retards. No political candidate dare step up to a lectern without promising to execute, imprison and snatch alms from the hands of the "underclass...