Discount rate study signals possible easing in policy
AP reports rising doubts over rate cuts as Fed and administration weigh easier money to aid a slowing economy. While some bankers back lower costs, others push for keeping the prime rate at 5% to 5 1/4. Auto sales worry creditors, with April seen as pivotal before any action. Elizabeth Wells, daughter of Edwin E. Wells Sr., elected dorm president at a Braddock Heights college.
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