Word: feds
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Dates: during 1970-1979
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...White House advisers, is to raise interest rates. Leaks to the press and other pressures on Miller to tighten money became so obvious before the Open Market Committee meeting that Carter sent notes to Blumenthal and Schultze telling them to stop it. The President did not necessarily oppose the Fed's raising interest rates, but he did not want the voters to blame him for it. Said a White House staff member: "There was a feeling that if a Democratic Administration was even tighter than the Federal Reserve Board, something was wrong. Put the monkey on the Fed's back...
...Federal Reserve's problem, it is becoming even tougher to make major policy decisions on the basis of money growth figures. Officially, the nation's money supply has not grown since October, and in the past three months, M-l (currency plus checking accounts) actually declined 1.5%. But Fed insiders believe that the actual stock of money that is available to be spent has been expanding by perhaps 6% to 7%. Reason: there is a proliferation of new financial devices that effectively enlarge the money supply but are not measured by the old standards. One of these innovations ran into...
First home, Lisa Kent fed the ball to Sue St. Louis, who whipped it in for a goal. But that was all the damage the Crimson could do in the first half as New Hampshire's All-New England goalie, Suzanne Rousseau, stopped everything that came...
...seven Soviet citizens are now holed up as unwelcome guests in a 20-ft. by 12-ft. basement room (plus kitchen and bath). They are permitted no mail through diplomatic channels, cannot meet with reporters in the embassy building, and live in relative isolation. But they are adequately fed, at U.S. expense. Sympathizers have sent them books, and even a game of Russian Scrabble...
...Crimson drew first blood in the contest when Mleezko tossed a pass to MacMillan on the right side of the goal. and she fed it diagonally to Lisa Kent for the quick-stick goal. Kent's first of two for the afternoon...