This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Feds Hike Discount Rate as Credit Tightens Across Markets
Sylvia Porter notes the 4% discount rate, higher bank borrowing costs, and widespread rates above 4% for short loans and over 5% for corporations. She warns of a deliberate credit clampdown to slow inflation, with unemployment near lows and capacity tight, risking slower growth.
MENTIONED IN THIS ARTICLE
The
Treasury
Federal Reserve System
Federal Reserve
U.S
Hall Syndicate, Inc