Miller to lead Federal Reserve Board after Burns
G William Miller chief designate of the Fed succeeds Arthur Burns as chairman with Miller's selection praised by business leaders. Miller, 32, of Testron Inc and Boston Fed director, is to take Burns role after Burns retirement deadline. Carter says Miller’s appointment reflects new leadership and aims to curb inflation while promoting growth.
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Federal Reserve Board
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Testron, Inc
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National Association of Manufacturers
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The Fed and Its Broad Market Reach in U S Economy
The Federal Reserve Board, known as the Fed, is the central bank regulating money supply and banking. It influences loan availability, mortgage rates, and business financing through tools like reserve requirements and discount rates, and it can intervene in international markets to manage dollar value and regulate bank holding companies.
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Heloise Bowles Cruse Dies in San Antonio Heart Trouble
Heloise Bowles Cruse, famed columnist known as Heloise Cruse and author of Hints From Heloise, died of heart trouble at Baptist Hospital San Antonio on Wednesday night. Survived by a nursing supervisor background is noted in the obituary brief.
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San Antonio, Texas
Heloise Bowles
Heloise
Heloise Cruse
Baptist Hospital
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