Word: hiked
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Dates: during 1990-1999
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...year that the Federal Reserve would raise interest rates," says Zagorin. The Fed did not raise rates after the other upticks in jobs, he says, nor is there any indication they will this time. Even so, a growing number of leading economists are convinced that the Fed will hike the rates sometime soon. Between July 1995 and January 1996, the top bank cut interest rates three times, fearing that a weak economy could lead the nation into a recession. As the economy continues to grow, the Fed's trigger finger has got to be getting itchy. Lamia Abu-Haidar
Harvard Yard does not possess the same significance for all of us, however. Renovations to Yard dormitories our first year forced 160 of us to be exiled to 29 Garden St., a 10-minute hike away from the Yard in the direction of the Radcliffe Quad. (You could say that we were "Quadded" even before we got here.) Garden Street is a lovely name that hints deliciously at pastoral delights. But back in 1673, when it was nothing more than a humble cowpath, it was known by a decidedly less appealing name: Great Swamp...
...gasoline price hike into perspective [BUSINESS, May 13]. In 1941 when I was 18, I paid 18[cents] to 20[cents] per gal. for my 1933 Plymouth. In 1941 I was earning 40[cents] an hour as an electrician's helper. So I worked half an hour to buy a gallon of gasoline. Compute your hourly earning against the present gasoline price for each gallon; gas is cheaper now than it was then. JIM CURRAN High Island, Texas...
NEWT GINGRICH scored a home run when he urged Bob Dole to lead a fight to repeal the Clinton gas-tax hike of 1993. Now Gingrich believes he has found something even more popular to roll back: beer taxes. At a meeting in his office on May 3, Gingrich discussed the idea of repealing George Bush's 1990 hike in tax on beer by the barrel. The Bush beer tax raised the price of a six-pack 16'. Gingrich believes a beer-tax cut, plus the gas-tax cut, is a sure way to help the G.O.P. court...
...using the figure of $27 because that's an economist's estimate of how much the "average driver" would save on gasoline every year if he no longer had to pay the 4.3 cents-per-gal. tax hike. It's a figure based on the assumption that the oil companies, long known for their exquisite sense of fair play, will pass the full saving on to consumers...