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Washington Studying Price Curbs and Inflation Controls
Reports show two separate inflation studies in Washington. The Federal Reserve Board is preparing a five volume review of consumer credit controls at President Eisenhower’s request, with no formal recommendations yet. The Office of Defense Mobilization develops war only price and wage control plans, awaiting renewal of authority next June, while avoiding immediate action.
MENTIONED IN THIS ARTICLE
Washington
NEA
Secretary of Commerce
Office of Defense Mobilization
Federal Reserve Board
Weeks
Eisenhower
Council of Economic Advisers
Ralph Young
FRB
Congressional Economic and Banking Committees
Board of Governors
Congress
Edward F. Phelps
ODM
S. Fleming
Gordon Gray