Word: boosted
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...there was small hope of any quick boost in production, the obvious thing to do was curb the amount of spending money. Ttie way to do this, said Federal Reserve Board Chairman Marriner F. Eccles, was to use a few old methods (keep taxes high, restrict housing and installment credit) and one new one. He wanted Congress to give FRB the power to boost maximum reserve requirements of commercial banks (the amount of deposits not available for loans) from the present 26% to 51%. This was the "mildest way," Eccles insisted, of curbing credit...
Eccles flatly said that he "would not recommend" using this power. FRB was still frightened by the slumps of 1920 and 1929. A big boost in rediscount rates had preceded them, and many still blamed the credit curb for the slumps...
...Experiment. International Harvester Co., which did its bit to stem inflation by cutting prices last March, had to raise them again. The rise in the cost of materials had put the manufacture of more than half of Harvester's industrial power products in the red. The 5% price boost would put most Harvester prices about 2% above the precut level...
...Rates. For several months banks have been gradually raising their interest rates on loans. So California's Bank of America, world's biggest bank, decided to pass some of the gravy on to depositors. On Jan. 1 it will boost its interest on savings from 1¼% to 1½% on accounts up to $10,000, from 1% to 1¾%% on larger sums...
When the Roman Catholic Legion of Decency recently demanded that he change the title and almost everything else about Forever Amber, Cinemogul Skouras took a strategic fit of Achillean sulks, and changed nothing. The old publicity campaigner guessed, correctly, that Legion disapproval would whet public pruriency and boost attendance as nothing in the juiceless film itself could...