Results 1 - 5 of 5 for PRIME [Year: 1973]
Strong Credit Demands, But No "Crunch" in Early 1973 - Review
Many observers in the financial community have been concerned about the potential emergence of a credit crunch. Last fall, economic forecasters indicated that the occurrence of such a crunch was a major potential blight on an otherwise optimistic outlook for 1973.
research.stlouisfed.org/.../review/1973/06/01/strong-credit-demands-but-no-crunch-in-early-1973
Business Recovery Continues - Review
The economy recently passed the two-year mark in its recovery from the recession which ended in November 1970. The record of business cycles over the past two decades indicates that two of the three previous recoveries were halted in less than three years. The recovery following the recession of 1953-54 lasted two years and eleven months, and the recovery following the 1957-58 downturn endured two years and one month.
research.stlouisfed.org/publications/review/1973/02/01/business-recovery-continues
Problems of Interpreting Recent Monetary Developments - Review
Some analysts interpret recent monetary actions to have been quite expansionary, indicating an ebullient economy with an intensification of inflationary forces. On the other hand, others have indicated concern over what they deem undue monetary restraint with a likelihood of a recession late this year or early in 1974.
research.stlouisfed.org/.../1973/07/01/problems-of-interpreting-recent-monetary-developments
1973—A Year on Inflation - Review
The U.S. economy suffered a major setback against inflation during 1973: Average prices, as measured by the GNP price deflator, rose at a 6.8% annual rate over the first three quarters of the year. From 1965 to 1972 prices rose at an average 4% rate. Fiscal developments became less expansive in 1973, interest rates rose markedly, and the growth rate of the monetary base slowed slightly.
research.stlouisfed.org/publications/review/1973/12/01/1973151a-year-on-inflation
The National Plans to Curb Unemployment and Inflation - Review
Low rates of inflation and unemployment have not occurred simultaneously in this country for a number of years. Each successive administration has been committed to take actions to achieve this objective since the Employment Act of 1946.
research.stlouisfed.org/.../1973/04/01/the-national-plans-to-curb-unemployment-and-inflation
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