Fed pursues inflation fight as rates rise amid fears
The Federal Reserve, under William Miller, keeps tightening money supply to curb inflation, pushing mortgage costs above 10 percent and risking a recession. Miller opposed the latest rate rise but was outvoted 3-2, the first such defeat for a Fed chair in years, highlighting conflicts with White House and Congress over spending.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Fed
Congress
Miller
Carter
White House
Treasury
W. Michael Blumenthal
Sealed bids and ordinances public notices in Middletown Ohio
City invites bids by August 4 1978 for two heavy duty trucks and hydrant kits. Ordinances adopt codified laws and approve emergency repairs and land purchases under community development grants. Sheriff sale for 804 16th Ave Middletown listed with appraised value 10500 dollars.
MENTIONED IN THIS ARTICLE
Middletown
Ohiio
City Centre Plaza
Butler County
Ohio
Director of Urban Renewal
Community Development Block Grant Program Fund
Frank Aun
Court of Common Pieas
Butier County
Court House
Hamilton
16Th Avenue
Robert R Walton
Robert D. Wright
Donald M. Lerner
Cincinnati
New stock brings life to Wall Street
New issues revived interest on Wall Street as 18 companies went public this year, a trickle by historic standards. Federal Express led the surge with an IPO of 1.07 million shares on April 24, its price rising from 24 to 43.25, echoing feverish 1960s demand. Analyst Yale Hirsch notes 1968 saw strong IPO gains with many offerings tripling or doubling.
MENTIONED IN THIS ARTICLE
NEW York
Federal Express
Air Freight Company
New World Computer
Tenderfoot International
Pacific Pistachios
Yale Hirsch
Old Tappan
N.J
Also Mentioned on This Page
Arthur Burns
Jimmy Carter
William Miller
Jug Pemons
Centre Ave
G. William Miller
Thomas C Blake
City Commission
Equal Opportunity
Trenton
John Madof
Authos
Omio
Black Clawson
Bettie J Arthur
Attest Bettie J Arthur
Butier County Common Pieas Buckeye Savings Association
Wall Street
Eureka
E Dazey
Sam Cookwa
Hn Dorman
Queens A
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