Word: feds
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Dates: during 1980-1989
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Late in the first period Harvard center Kathy Carroll took the puck deep in her own end. She skated all the way to the right side of the Brown right circle, spun and fed her trailing wing Landry for the score with 16 seconds left...
Back home in England, Orwell read accounts of the events in Spain and realized that he was being fed hogwash: "I saw great battles reported where there had been no fighting, and complete silence where hundreds of men had been killed. I saw troops who had fought bravely denounced as cowards and traitors, and others who had never seen a shot fired hailed as the heroes of imaginary victories." This phenomenon frightened him, he wrote, "because it often gives me the feeling that the very concept of objective truth is fading out of the world...
That may depend upon the actions of the Federal Reserve's Open Market Committee, which met last week to set guidelines for the Government's monetary policy. So far this year, the Fed has tried to follow a narrow course that would promote the recovery and yet prevent a new burst of inflation. After the U.S. money supply grew at an alarming 12% annual rate in the spring, the Reserve Board tightened its policy. By October, the pace of money growth slowed to less than 2%, and the Fed's tough stance kept short-term interest rates...
...last week's Open Market Committee meeting will not be made public for a month. But a summary just released of the Federal Reserve's October session reveals that the committee agreed on a "slightly lesser degree of restraint." Wall Street experts doubt, however, that the Fed will push down interest rates substantially. Says Stephen Roach, senior economist at the Morgan Stanley investment firm: "My feeling is that the Fed will maintain a wait-and-see attitude through the rest of the year...
...could just as well buy a decal of a large filet mignon, surrounded by heaps of buttered carrots and peas and mashed potatoes. If that seems too indulgent, perhaps simply a decal of a steaming pot of stew. That should enable quite a few families to imagine themselves well fed...