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The Money Crunch: Making It in America (Interest Rates) #336520

CBS Evening News for Friday, Dec 20, 1991
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(Studio: Harry Smith) Report introduced.

(Studio: Ray Brady) Lowering of the discount rate by the Federal Reserve Board to stimulate the economy to get the United States out of the recession featured. [Economist David JONES - analyzes the Federal Reserve's actions and the outlook for the consumer.] Impact of rate change on CD interest rates cited. [CD buyer Norma SCHNUDERO - comments.] [Bank rate monitor Bob HEADY - says the rates will plunge; says people should find banks with higher rates.] Graph of CD interest rates 1989-1991 compared. Investment advice given.

(Studio: Harry Smith) Budget deficit statistics cited. "Stock Market Report".

Brady, Ray;
Smith, Harry

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