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World at a Glance: Roosevelts limits on markets rise
In a June World at a Glance column Leuliz Eichel discusses wartime labor rifts between unions and company unions as steel yards in Bethlehem and Youngstown face shifts. It notes potential shifts in Navy ship program and anxieties over the dollar, stabilization, and stock market warnings before any brakes are applied. It also reports a flood of hoarded money emerging from bank panics, with Federal Reserve banks likely to curb security purchases while Ohio and Michigan depositors remain devastated.
MENTIONED IN THIS ARTICLE
Federal Reserve
Ohio
Michigan
Roosevelt