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Economy / Discount Rate #534555

NBC Evening News for Wednesday, Nov 21, 1984
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(Studio) Federal Reserve Bd. reported lowering its discount rate.
REPORTER: Tom Brokaw

(DC) Discount rate's role in economy recovery explained, discussed. [Econ. Michael EVANS - fears Fed.'s move is too late to avert recession.] Corporate profits for 3rd quarter, durable goods orders and hsing. construction for October listed on screen; Treasury Secretary Don. Regan noted claiming Federal Reserve is responsible for slowdown. Details given. White House reaction to discount rate's reduction mentioned.
REPORTER: Irving R. Levine

(Studio) [Econ. Allen SINAI - considers practical and psychological effect of reduced discount rate.]
REPORTER: Tom Brokaw

Reporter(s):
Brokaw, Tom;
Levine, Irving R.
Duration:
00:03:10

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