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Economy / Wholesale Prices #262428

CBS Evening News for Friday, Feb 09, 1979
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(Studio) January wholesale price increase noted.
REPORTER: Roger Mudd

(NYC) Impact of wholesale price figs. on consumers reported Details of report given. Beef price increases examined. [Beef wsler. Alfred MAYER - comments.]

(Studio) Anti-inflation adviser Alfred Kahn's opposition to wage/price controls stated. His testimony to Senator Banking Committee reported.
REPORTER: Roger Mudd

(DC) Details of Kahn's testimony given; his progress report on administration anti-inflation program noted. Kahn's request that Congress enact President Carter's wage insurance plan reported [KAHN - comments on expected inflation and effect of this on labor force. States plans to intensify price-monitoring efforts.] Congress concerns about potential rise in unemployment mentioned; Kahn's response stated.
REPORTER: Susan Spencer

(Studio) Effect of wholesale price news on President Carter's political career reported.
REPORTER: Roger Mudd

(DC) White House response to wholesale price report noted. Comments by various officials, include Press Secretary Jody Powell, quoted. Carter's reported plans to continue with present anti-inflation program stated. Effect of present econ. situation on 1980 president election examined.
REPORTER: Robert Pierpoint

Brady, Ray;
Mudd, Roger;
Pierpoint, Robert;
Spencer, Susan

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