Clinton avoids criticizing Fed rate hikes at press briefing
President Clinton refused to attack the Federal Reserve after its latest half point rate increase. He said there is no clear evidence of harm to the economy from the five increases this year and that his policy respects the Fed's independence while pursuing growth. Economists caution against political pressure on monetary policy and emphasize the risk rates could slow growth if kept too high.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Federal Reserve
White House
Fed
Murray Weidenbaum
Center For the Study of American Business
Washington University
Reagan
Council of Economic Advisers
Campbell Harvey
Duke University
Fuqua School of Business
Grain futures and livestock auction results across four markets
Westminster Hagerstown and Frederick reports show July cattle and hog prices, bids and ranges. Utility cows, bulls, steers and heifers posted varied values with several high and low ends noted, plus per-head prices for calves and goats and regional hay costs.
MENTIONED IN THIS ARTICLE
Westminster
Hagerstown
Stocks of Area Interest Aug 19 1994 Dow Jones closes up
Market report notes Dow Jones Industrial Average at 3755.11 with a 32 hundredth point rise and 278.5 million shares traded. New York Gold priced at 381.70, up 1.40.
MENTIONED IN THIS ARTICLE
Dow Jones
New York
Snyder joins Stern & Kresslein adds estate planning expert
The Frederick law firm Stern & Kresslein P.A. expands its estate probate and trust practice with Martin W. Snyder as associate attorney. Snyder, 1981 Univ of Baltimore Law and 1977 UM history graduate, brings 13 years of estate planning probate elder law experience to Frederick region clients.
MENTIONED IN THIS ARTICLE
Stern
Seymour Stern
Stern & Kresslein
Snyder
Janet I. McCurdy
Robert J. Kresslein
Frederick County Estate Planning Council
Sallie M. Brinkley
Mr. Snyder
University of Baltimore School of Law
University of Maryland
Frederick
Estates and Trusts
Maryland State Bar Association
Riggs National Bank
Washington, D.C
Signet Trust Co
Baltimore
Frederick County
Mr. Stern
Kresslein
Ms. McCurdy
Douglas K. Thornton
James H. Scott
Ms. Brinkley
Dow Ends Mixed as Rates Weigh on Markets
U S stock prices closed mostly higher on Friday with the Dow at 3755.11 down 0 32 for the day and a weekly drop of 13.6 while the market faced lingering fears that higher rates will slow the economy Advancing issues edged decliners about 11 to 9 on the NYSE as broad indexes gained The Big Board volume reached 278 50 million shares with readings for the S P 500 Nasdaq and other indices showing modest gains and mixed results across sectors.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Nikkei Slides as Dollar Weakness Hits Tokyo Stocks
The Nikkei 225 ended down 350.07 points at 20,512.70 as a sharp drop in the dollar against the yen spurred selling on the Tokyo Stock Exchange. The decline reflected broader currency-driven pressure on Japanese shares.
MENTIONED IN THIS ARTICLE
Tokyo
Tokyo Stock Exchange
Also Mentioned on This Page
Norman Robertson
Carnegie Mellon University
Chicago
Chicago Board of Trade
Westminster Livestock Auction
Riisy
Four States Livestock Sales
Halstein
Frederick Livestock Auction
Timothy
GTE Corp
Kmart
Altimax
AllgPwr
Life Tech
Loral Corp
Lowes
Avemco
Loyola Corp
Baltge
Marriott
BioWhittaker
Dra Bakshi
Citizens Bank
Nations Bank
Penney
Coca Cola
Pepsico
Comsat
Potom el
Crown Amer
Sears
Exxon
Serviere
Fcnb Corp
F&m Bancorp
Ase Weis
First United
Ferris
Giant Foods
Baker Waits Inc
Chessie Federal Credit Union
Thomas Johnson
Frederick, MD
Martin Snyder
Standard&Poor
Standard&Poor's Industrials
Fcnb Bank
Rosemont
Antietam
Fsk Mall
West
Middletown
Walkersville
Carroll County
Eldersburg
Englar Road
Mt. Airy
FDIC
Nikkei Down
Arthur W. Boyce
P.A
Patrick Street
Maryland
Edward D. Jones
Stock Market Report
Randy S. Bluhm
Edward BD. Jones
Edward D. Jones Co
W. Patrick St. Frederick
Frederick Netus
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