Word: feds
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Dates: during 1990-1999
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...Harvard would not be denied. With 6:06 left in the game, Eckert fed the ball to Ames, who promptly deposited...
...rate that can continue to reduce unemployment -- which has fallen from a peak of 7.7% to 6.5%-without reigniting inflation. The most important dissent comes from the Federal Reserve Board, whose governors appear to think the economy right at the moment is growing a bit too fast. If the Fed does raise interest rates again soon, it will be to keep easy credit from fueling an overly rapid advance...
...factor determining the pace of price increases, actually fell at an annual rate of 3.2% in the last three months of 1993, causing some economists to scoff at the Federal Reserve's fears about a revival of inflation. ("What inflation?" Clinton growled to aides late last week.) meeting.) The Fed is on firmer ground, however, in its reported belief that too much of the recent economic growth has been fueled by cheap credit. Unable to stretch stagnant earnings far enough to buy the things they wanted, many consumers turned to borrowing or dug into savings. Mark Zandi of Regional Financial...
Greenspan will continue to have more influence over interest rates than anyone else, at least until his term expires in March 1996. For now, Fed watchers expect the board to avoid any more rate increases until May at the earliest, to give the jittery markets a chance to calm down. The former jazz player who chairs the Fed hardly wants to provoke investors into another round of blowing their cool...
...stock slide forces the Fed chairman to face more questions...