Word: inflationitis
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
The Federal Reserve has been fighting inflation in much the same way so far in 1969, but until now the results have been less severe. Last week the board's policy of "resolute restraint," as Chairman William McChesney Martin describes it, hit home so hard that many bankers concluded...
West Germany has become Europe's pre-eminent economic power, and the Deutsche Mark the world's strongest currency. The country's very strength, however, is now a source of tension and trouble both inside and outside Germany. Twice within seven months, a speculative rush to buy...
Nixon has been walking a thin line between the savers, like Mills, and the spenders, who want to devote more resources to social programs. Above all, he fears that excessive stringency would "overkill" the economy and cause a recession like the three that occurred during the Eisenhower years. The President...
The company denies the charges and disputes the size of the overrun. Its spokesmen say that $500 million of the extra expenses can be blamed on runaway inflation and Viet Nam dislocations, which could not have been accurately forecast when the contracts were signed in 1965. Not counting inflation, they...
The cost of borrowing money has been rising rapidly ever since the Federal Reserve Board decided last December to get tough about inflation. Last week the deliberate squeeze on credit pushed many interest rates to the highest levels since 1929, causing considerable anxiety among bankers. Many moneymen fear that one...