This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Market Slump Marks Record-One Day Drop Amid Fed Moves
The Dow Jones Industrial Average fell sharply as investors fear the Fed’s anti inflation measures will curb growth. Banks raised prime rates to 14 percent, while Volcker urged restraint on tax cuts and exotic funding. Gold rose, the dollar softened in some markets, and volume surged on the NYSE.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Carter
White House
New Orleans
Federal Reserve Board
Paul Volcker
American Bankers Association
Volcker
Kuwait
Mexico
Fed
U.S
Wall