Word: restraining
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...striking $5.4 billion, to $358.9 billion. Not much can be read into one week's figures, but the drop came even before the sharp jumps in the discount and Fed funds rates. Bankers view the $3 billion increase in reserve requirements as an especially important, direct move to restrain the money supply...
...Commission. Under his direction, the PSC allowed telephone users to hook up their own equipment to the Bell system and permitted utility companies to set different electric rates depending on the time of day. As Kahn advised his CAB successor, Marvin Cohen: "Understand how a free market works and restrain one's tendency to meddle...
...private sector attempts not only to pass the tax costs of public services onto working people, but also to restrain costs by cutting down on profitless social services such as welfare and unemployment insurance. Monopoly capital is better prepared to pass streamlined social welfare costs along, and has historically been ready to accept moderate expenses in order to maintain a stable work force. But smaller, more competitive capital continually presses for cuts in social welfare spending...
...will probably continue to be characterized by "Cooperation and competition" and will "blow hot and cold," Huntington said. Referring to Western economic strength in relations with Russia, he said Soviet trade with the West which benefits the Soviet economy will most likely continue to increase provided that the Soviets restrain their activities with Cuba in African countries such as Ethiopia and Angola and if they "modify the way in which they treat their own people...
...idea calls for setting up numerical standards similar to the guidelines used in the early 1960s to restrain wages and prices. Other steps under study: two kinds of TIPS or tax-based income policies that must be passed by Congress. One was devised by Economist Arthur Okun of the Brookings Institution, the other by Henry Wallich, a member of the Federal Reserve Board. Okun's plan would give tax credits to workers and employers who hold down wages and prices. Wallich's idea is to impose tax penalties on those firms granting inflationary pay boosts or setting excessive...