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Inflation battle not over, former officials say
A bipartisan group led by Henry Fowler and Herbert Stein says it is premature for President Reagan to claim inflation is conquered. They warn about high deficits and the risk of inflationary financing, citing a 24 percent rate as a warning against overconfidence. The group argues for restraint on loose monetary policy and warns against restrictive trade moves that could spark broader inflation.
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Great Plains
Mississippi Valley
Atlantic Coast
Maryland
Carroll
Frederick
Howard
Montgomery
Washington
Fredenck
Cumberland
Hagerstown
Oakland
Westminster
Reagan
Henry H. Fowler
Treasury
Lyndon B. Johnson
Herbert Stein
Richard M. Nixon
Council of Economic Advisers
Committee To
Congress
Fowler
Stein
Federal Reserve Board
Federal Reserve
United States
Stem
Fowler and
W. Michael Blumenthal
C. Douglas Dillon
Harry F. Byrd Jr
India
Barber B. Conable Jr
R-N.y
Frederick L. Deming
Peter M. Flanigan
William Mc. Martin Jr
George H. Mahon
Texas
Wilbur D. Mills
D-Ark
John J. Williams
R-Del
William E. Simon
The
Paul W. McCracken