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Economy: Interest Rates, Stock Market / Senior Citizens #132794

ABC Evening News for Friday, Dec 20, 1991
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(Studio: Peter Jennings) Report introduced.

(New York: Stephen Aug) Lowering of the discount rate by the Federal Reserve Board to stimulate the economy featured. [Former board member Lyle GRAMLEY - analyzes Federal Reserve's actions.] Graph of interest rates in the 1980s shown. [Paine Webber's Maury HARRIS - says jobs is the bottom line.]

(Studio: Peter Jennings) "Stock Market Report".

(South Florida: Al Dale) Impact of lowering interest rates on retirees examined; CD interest rates for 1989 and 1991 compared. [Senior citizen Luigi SORRENTINO, Eleanor PENNOCK - comment.] [Interest rate analyst Bob HEADY - says seniors' lifestyle is tied to interest income.] [Senior WOMAN - comments.]

Aug, Stephen;
Dale, Al;
Jennings, Peter

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