Word: feds
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Dates: during 1980-1989
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...Administration's attempts to get everyone into lockstep also extend to the Federal Reserve Board. Regan last week blamed Chairman Paul Volcker's tight-money policy for slower economic growth. Though retail sales appear strong, Regan lashed out at the Fed for preventing a year-end shopping boom. "This is not a great Christmas," contended Regan, "and the reason is that people just aren't spending because the credit terms are so high." Regan said that a study was under way about how to get the independent Fed under some form of Administration control...
After Fusco won a face off in the Cornell end. McDonald fed the puck back out to the junior from behind the net. The 1984 Olympian beat Dadswell between the legs from the slot for a 3-2 Harvard lead...
...member banks, from 9% to 8.5%. It was an unmistakable signal for banks to lower the interest rates they charge customers. Even some of Volcker's harshest critics are now optimistic, if not entirely satisfied. Says Richard Rahn, chief economist for the U.S. Chamber of Commerce: "The Fed has reacted late and it has probably not gone far enough, but I think we can avoid a recession. The economy should rebound." Administration officials share that view. Says Manuel Johnson, the Assistant Treasury Secretary for Economic Policy: "There's time to move things back on track...
...ever present tweed, to say nothing of argyle socks, contribute heavily to the Easton uniform. Easton was preppie when preppie wasn't cool. Ducks embellish its mailboxes; there are ducks on its welcome mats. It is a place of fine old houses hugging tidy streets. Well-fed cats walk its alleys with the air of taxpayers; they do not prowl...
...These were goose decoys, fashioned from old tires, plywood goose heads affixed to the rubber in various attitudes of feeding. They were not proving very effective, but this was not the fault of the decoy, nor of the hunter. There had been a full moon, and the birds had fed at night. Now, in the day, they had no interest in food...