CBS Evening News for Thursday, Jul 05, 1973
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(Studio) Federal Reserve Bd. increases maximum interest rates on passbook savings accounts from 4 1/2 to 5%. Federal Home Loan Bank Bd. boosts savings and loan interest rates from 5 to 5 1/4%. Interest rate ceiling on mortgages raised from 7% to 7 3/4%. Applies to Federal Housing Administration and veterans mortgages.
REPORTER: Roger Mudd
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