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Economy #63882

ABC Evening News for Friday, Dec 05, 1980
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(Studio) Producer prices, unemployment rate for November and today's increase in prime lending rate by New York Citibank reported; yesterday's increase in discount rate by Federal Reserve Bd. mentioned.
REPORTER: Tom Jarriel

(NYC) Ford and Chrysler's efforts to counter high loan interest rates for its customers outlined on screen, discussed; impact of mortgage and prime rates on hsing. industry examined. Criticism of Federal Reserve Bd.'s activities and response by board chairperson Paul Volcker noted.
REPORTER: Dan Cordtz

Reporter(s):
Cordtz, Dan;
Jarriel, Tom
Duration:
00:02:00

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