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...would be "vigilant" and that the core inflation rates of 3.2 percent over the past three months and 2.8 percent over the past six were "unwelcome developments." Those levels, Bernanke said, were at or above the high end of what he'd consider good for price stability and long-run growth. Translation: in order to control inflation, the Fed might keep raising rates. Higher rates are also bad news if you're about to borrow money. Technically, the Fed only controls the interest rate between banks lending each other money over night (currently, it's 5%), but that trickles down...

Author: /time Magazine | Title: Bernanke Learns the Perils of Honesty | 6/7/2006 | See Source »

...actually come to believe that it is a very widely-felt, widely-backed set of goals to be working towards.”Summers, in an interview with The Crimson several weeks ago, agreed that in the long-term, the agenda is more important than the individual.“Ultimately, and in the long-run, Harvard is much bigger than any individual. Harvard’s success in fundraising will have to do with the importance of the programs that it undertakes and its ability,” he said. “Harvard’s strength...

Author: By Reed B. Rayman, CRIMSON STAFF WRITER | Title: Post-Summers, Large Gifts in Limbo | 6/7/2006 | See Source »

Secondly, those who claim that such a system would provide a unified public-relations front for the University forget that the University already has a single voice: the central administration and governing boards. These bodies tend to take more of a long-run view and are stewards of the overall good of the institution. Instead of adding to unity, a faculty senate reflecting the interests of individual fiefdoms would only exacerbate dissonance...

Author: By Matthew A. Busch, Adam M. Guren, and Sahil K. Mahtani | Title: DISSENTING OPINION: A Noxious Mistreatment | 2/28/2006 | See Source »

...will stablize soon. Housing activity will continue to slow-but from a pace that everyone knew was unsustainable. The national median home price rose a blistering 13% last year. The next three years, predicts Doug Duncan, chief economist at the Mortgage Banker?s Association, price gains will equal their long-run average of 5% to 6% each year...

Author: /time Magazine | Title: Give Yourself a Raise | 1/20/2006 | See Source »

...contrast to France, the U.S. has over the years proved enormously successful in promoting long-run integration of immigrants into the American society and economy. In contrast to Arab-French immigrants, the Latino immigrants in the U.S. experience a wider range of economic opportunities that serve as powerful attractors, promising economic rewards regardless of one’s country of origin, ethnicity, or race...

Author: By Marcus Alexander | Title: The Children of the Republic | 11/23/2005 | See Source »

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