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Economy / Wall Street #520147

NBC Evening News for Wednesday, Oct 13, 1982
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(Studio) Continue heavy trading on Wall Street today noted.
REPORTER: Tom Brokaw

(NYC) Dow Jones average for past week recalled. [October 11, 1982, President REAGAN - takes credit for market activity.] Federal Reserve Bd. chairperson Paul Volcker's role in current rally considered. [October 9, 1982, VOLCKER - announces reduction in discount rate.] [Bache Group Ins. president George BALL - thinks resurgence is fueled by Federal Reserve Bd.] Econ. dvts. since President Reagan assumed office outlined on screen, discussed; possible rise in interest rates and impact on economy recovery of United States considered.
REPORTER: Mike Jensen

Reporter(s):
Brokaw, Tom;
Jensen, Mike
Duration:
00:01:50

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