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Phase 2 inflation fight urges tighter controls
The National Planning Association urges stronger Phase 2 price and wage limits to curb inflation, warning that without tighter controls the CPI could near 4.8 percent annual rate. It forecasts 3.5 percent inflation if controls tighten, with slower unemployment, higher profits, and continued deficits shaping 1972.
MENTIONED IN THIS ARTICLE
Washington
National Planning Association
The
Price Commission
NPA
Indus
Graham Scott
Dimitri Balatsos
Treasury
Connally