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Economy / Money Matters #88287

ABC Evening News for Friday, Dec 21, 1984
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(Studio) Federal Reserve Bd. noted cutting discount rate to 8%. Lowered interest rates anticipated. Sluggish economy noted.
REPORTER: Peter Jennings

(NYC) Disappointing Christmas sales reported [Merchant Bob RUDNICKI - says tomorrow's sales crucial.] [Retailing analyst Jeffrey EDELMAN - says retailers running scared.] Pre-Christmas sale noted. [J.C. Penney Arlene ZAGON - speaks of discounts.] [Merchant Keith HOLT - calls 1984 best Christmas ever.]
REPORTER: Dan Cordtz

Cordtz, Dan;
Jennings, Peter

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