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Kennedy signals cautious Fed leadership extended by Martin
In New York a Kennedy administration move to retain William McChesney Martin Jr as Federal Reserve chairman is seen as steering a middle course for growth. Martin warns against excessive monetary stimulus while stressing the Fed's role in market stability and credit for expansion.
MENTIONED IN THIS ARTICLE
JFK
Martin
New York
William McChesney Martin Jr
Federal Reserve System
Kennedy
Treasury
Douglas Dillon
Fed
U.S
New York Stock Exchange
Reserve Bank
Federal Reserve Bank of Richmond