Fed Lowers Discount Rate to Ease Tight Money Market
The Federal Reserve Board authorized four district banks to cut the discount rate from 3 to 3 percent, effective tomorrow, signaling that inflation pressures have cooled. Banks in Atlanta New York Richmond and St Louis lead the move with others to follow. the action aims to ease lending and liquidity while maintaining restraint on inflation.
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Treasury warns recession loom as inflation cools
Treasury officials flag a potential business downturn while noting inflation has cooled. They seek extra cash to bridge rough times before tax receipts rise in spring. In Maryland, a mother of four was killed and her husband wounded in a shore cottage shooting as authorities investigate.
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Real estate listings near Frederick and Middletown Maryland
Property ads describe 2 bedroom brick ranch homes with garages, basements, and current heating. prices ranging from 5 000 to 15 400 dollars. Listings include 3 room frame dwellings, 55 acre farm, 40 acre property with improvements, and a 234 acre Middletown Valley Dairy listing. Listings held by agents Daniel C Poole Grayson K Mercer and Sons G H Mercer and Sons.
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