Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United StatesU.S. Government Printing Office, 1967 |
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Page 8
... months ahead . Monetary policy is expected to continue the shift - already in process- away from the extreme ... months the increase in consumer prices has been one - tenth of 1 percent a month , about a third of the rate prior to then ...
... months ahead . Monetary policy is expected to continue the shift - already in process- away from the extreme ... months the increase in consumer prices has been one - tenth of 1 percent a month , about a third of the rate prior to then ...
Page 20
... months as well as our consultations with the Federal Reserve make us confident that fiscal and monetary policies will be working toward the same objective in the months ahead . " This would seem to me to be a change in direction . In ...
... months as well as our consultations with the Federal Reserve make us confident that fiscal and monetary policies will be working toward the same objective in the months ahead . " This would seem to me to be a change in direction . In ...
Page 24
... months to come before July 1 a chilling effect on both consumers and on investors in new plants and equipment , because they are going to feel that come July 1 , they are not going to have as much money in their pockets and they had ...
... months to come before July 1 a chilling effect on both consumers and on investors in new plants and equipment , because they are going to feel that come July 1 , they are not going to have as much money in their pockets and they had ...
Page 30
... months immediately ahead . This consolidation process should be facili- tated as we move into 1968 , if not earlier ... months . We shall probably come out of this recession in a matter of months since the basic forces in the economy are ...
... months immediately ahead . This consolidation process should be facili- tated as we move into 1968 , if not earlier ... months . We shall probably come out of this recession in a matter of months since the basic forces in the economy are ...
Page 31
... months . The high level of business spending , continued during the last months of 1966 , will probably slacken through 1967 . Residential construction starts showed a steady downward trend , significantly decreasing in the third ...
... months . The high level of business spending , continued during the last months of 1966 , will probably slacken through 1967 . Residential construction starts showed a steady downward trend , significantly decreasing in the third ...
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ACKLEY balance of payments benefits billion capital Chairman PROXMIRE changes COHEN Congress Consumer Price Index corporations cost Council of Economic defense deficit demand dollar Economic Advisers Economic Report effect estimates expansion expenditures fact Federal Reserve figure financing fiscal policy full employment going GOLDFINGER Government gross national product growth guideposts impact incomes policy industry inflation inflationary interest rates investment Joint Economic Committee labor MARTIN ment monetary policy money supply national income percent period present President President's pressures price increases problem profits programs proposed quarter question recession reduce Representative BROCK Representative CURTIS Representative GRIFFITHS Representative REUSS Representative RUMSFELD Representative WIDNALL restraint revenues rise SCHULTZE Secretary FOWLER Secretary WIRTZ sector Senator JAVITS Senator MILLER Senator SYMINGTON situation social security spending stability statement tax increase tion TROWBRIDGE unemployment unemployment rate Vietnam wage workers