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Dollar Woes Push Carter Aides Toward Fresh Market Moves
The dollar sinks to record lows amid rising inflation concerns. Experts say foreign holders favor tighter policy or a recession. options under debate include buying back dollars on the market, pausing with higher rates, or a drastic recession. IMF and Fed lending avenues exist but intervention remains wary.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Carter
U.S
Lloyd Atkinson
Joint Economic Committee of Congress
Carter Administration
Federal Reserve Board
Barry Bosworth
Council On Wage and Price Stability
New York
Atkinson
White House
London
United States
International Monetary Fund
IMF
U.S. Federal Reserve Board