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Monetary stimulants On Schedule
AP News analysis notes both psychological and monetary tools to shore up American confidence. government warns against overoptimism while planning tax cuts, Social Security boosts, and higher defense and antipoverty spending. Debt shifts and inflation concerns color Wall Street views as 1965 enters with forecasts of continued growth and occasional slowdowns. Large earthquake energy release is compared to the Hiroshima blast.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Treasury
Wall Street
Washington