Word: loosens
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Dates: during 1950-1959
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...confirm that sort of thinking, the Bank of England (followed by the Bank of France) proceeded to loosen up credit by lowering its discount rate, bellwether of all British sterling-area money rates, from...
...effort, the Babe found nothing but traps and trouble. She looked tired, and between shots she sat and rested on a red leather shooting stick. For the first nine holes, it was a poor (for her )45. In trouble, the Babe always relies on a classic remedy: "I just loosen my girdle and let go." After chiding herself good-naturedly-"I've seen shots today I've never seen in my life"-the Babe loosened up, let go and began playing the kind of golf that won her four "world championships" on the Tam O'Shanter course...
...biggest significance was the demonstration that neither Humphrey nor the FRB plans to follow any undeviating course in money policy. If need be, they are as ready to loosen credit to prevent a recession as they are to tighten it to prevent inflation...
Secretary Humphrey, who feels that inflation is still a danger, wants to work credit fat off the economy in a full-employment period when it will not be missed. Then, if a recession threatens, the Treasury and the FRB will be able to loosen up on credit and avert, or at least ease, it. Without such a tightening now, the weapon of credit would be useless and the nation would have foolishly thrown away one of its best weapons to fight a recession...
...Atomic Energy Act of 1946 blocks the gateway to commercial atomic power in the U.S. by imposing a tight Government monopoly on fissionable materials and nuclear reactors. Last week the Atomic Energy Commission announced that it would soon ask Congress to loosen the Government's grip. AEC wants to let private companies: 1) buy, lease or borrow fissionable materials from AEC; 2) design, build and operate nuclear reactors...