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
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