Word: lowered
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Dates: during 1990-1999
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...specter is haunting Wall Street--the specter of runaway interest rates. Yields on bellwether U.S. 30-year Treasury bonds in early June jumped to just over 6%, the highest close in more than a year, as nervous traders bid prices lower. They are taking no chances that a flare-up of inflation will squeeze the real return to buyers...
...satisfied with such modest rate hikes. In order to nip in the bud any renewal of inflation, the Fed will begin an aggressive tightening of credit and deliberately push interest rates much higher still. That will cause a chain reaction. It will knock stock and bond prices much lower, make consumer buying and business investment more difficult to finance, and maybe put a stop to what is about to become the longest economic expansion in U.S. history...
...butter, but butter is better for you than hard margarine. That appears to be the conclusion of the latest study centered on the great margarine-vs.-butter controversy. Research published in Thursday?s issue of the New England Journal of Medicine indicate that the softer the margarine spread, the lower amount of LDL, or so-called "bad" cholesterol. On the other hand, the production process that results in harder margarines, called hydrogenation, introduces more trans fatty acids, which scientists believe results in a signficant reduction in HDL, so-called "good" cholesterol...
...hard as they are on this," said Sen. Jay Rockefeller, D-W.Va., before he watched his steel-import quota bill come up three votes short on a procedural vote that would have boosted its chance of passing. Clinton the economist is fighting the quotas ?- meant to protect U.S. steelmakers from lower-priced foreign steel ?- on compelling grounds: They would almost certainly be a violation of current U.S. trade treaties. And at a time when Clinton pounds the world?s podiums calling for globalization and freer trade (meaning more U.S. products in foreign markets), the last thing the U.S. needs...
...conditions are easily dealt with by medications or simple devices like eyeglasses are not protected under the act. "This was clearly a line-drawing set of decisions," says TIME senior writer Adam Cohen, "and now it will be important to see how the line-drawing gets done in the lower courts...