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Economy / Prime Rate, CPI #528785

NBC Evening News for Friday, Feb 25, 1983
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(Studio) Report introduced
REPORTER: Roger Mudd

(NYC) Drop in prime lending rate by major banks reported; prime rate activity since late 1980 graphed on screen. [1st National Bank of Chicago spokesperson William McDONOUGH - explains prime rate activity.] President Reagan's recent criticism of banks recalled. [Chemical Bank spokesperson Frederick DEMING - acknowledges political pressure to lower rates.]
REPORTER: Mike Jensen

(DC) Martin Feldstein's assessment of consumer price index for January noted; activity of specific index categories outlined on screen, discussed. [Bureau of Labor Statistics spokesperson Janet NORWOOD - notes rise in medical care and cigarette prices in January] Impact of administration's change in means of measuring inflation on CPI rate explained. [Realtor David YURICK - notes rising rental rates.]
REPORTER: Irving R. Levine

Jensen, Mike;
Levine, Irving R.;
Mudd, Roger

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