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Money Matters: Oil Prices, Prime Rate, Stock Market #102104

ABC Evening News for Monday, Apr 21, 1986
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(Studio: Sam Donaldson) OPEC (Organization of Petroleum Exporting Countries) reported unable to agree on measures to halt falling oil prices. Drop in prime lending rate by major banks reported

(NYC: Dan Cordtz) Prime rate since latter days of Jimmy Carter administration graphed on screen. [Econ. Jeffrey LEEDS - explains prime's relationship with consumer.] Impact on hsing., auto sales, bank credit cards and personal loans explained, discussed. Stk. Mkt. Report

Cordtz, Dan;
Donaldson, Sam

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