Tighter, as Planned

May 1953
Time;5/25/1953, Vol. 61 Issue 21, p90
The article focuses on the criticism of the credit policy of the administration of U.S. President Dwight Eisenhower in May 1953. Of concern to executives is the possibility that the policy will lead to a recession. The weakness in government bonds is attributed to frantic unloading by speculators. Short credit is blamed on the control implemented by the Federal Reserve Board (FRB).


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