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Government Takes Anti Inflation Step
New York Sept 82 The measure use reserve requirements for Federal Reserve member banks is another step in the governments battle against inflation. The policy aims to make borrowing more costly and to curb credit growth, with debate among bankers and economists over its impact on the economy. The Fed board acted within authorized limits, with reserve hikes planned on demand and time deposits.
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New York
Sept
Federal Reserve
Federal Reserve Board
Federal Reserve Bank