Word: federales
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Dates: during 1980-1989
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The crowds that filled the lobby of the Federal Reserve Bank of Chicago last week were looking for more than a chance to admire the ornate ceiling and marble columns. They came to cash in on one of this year's hottest financial plays: U.S. Treasury securities. Enticed by a...
In fact, some small investors are buying Treasuries by withdrawing money from accounts in banks or in savings and loans, which prompts Federal Reserve officials to point out that they do not deliberately try to compete with private institutions. Even so, the Government is a tough rival. Its customers can...
Ever since January, when an FBI probe of shady trading practices rocked Chicago's commodities pits, members of New York City's markets have wondered when the spotlight would be turned on them. Last week the waiting was over. On Thursday morning U.S. postal inspectors and officials of the Commodity...
Wall Street gave the report a mixed reception as economists debated whether the figures foreshadowed merely sluggish growth or a genuine recession. Bullish investors initially set off a rally Friday on the assumption that inflation might no longer be a danger and the Federal Reserve Board would soon allow interest...
Ever since Charlie Chaplin battled a rambunctious Murphy bed, the fold-up sleeper has been an American icon. In New York City last week, a federal appeals court showed just how firmly the name is embedded in popular lore when it ruled that "Murphy bed" has become a generic term...