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Lower borrowing costs eyed as deposits rise in 1975
The Federal Home Loan Bank Board says 1975 was a record year for savings and loan deposits and loans. A wave of January inflows suggests lower borrowing costs for prospective home buyers. Commerce reports show a 1975 trade surplus but December imports narrowed the margin. Productivity growth slowed late 1975. Capitol Hill debates Ford budget and unemployment policy.
MENTIONED IN THIS ARTICLE
Washington
U.S
Capitol Hill
Congress
Ford
Federal Home Loan Bank Board
Savings and Loan
Federal National Mortgage Association
Commerce Department
Labor Department
Greenspan
House
IBM
David Grove
Arthur Okun
Lyndon Johnson
Paul McCracken
Richard Nixon