Word: expectedly
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Dates: during 1990-1990
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...inauspicious time for the U.S. to be pressuring its closest ally in the area. Besides, the Iraqi dictator's well-publicized embraces last week of Palestine ) Liberation Organization chairman Yasser Arafat and the Precarious Little King of Jordan make it all the easier for hawkish Israelis to say: You expect us to deal with these people...
...shock hit Americans where they live. Interest rates on home mortgages, which had been hovering at about 10%, began creeping up because lenders expect inflation to rise. That raised monthly costs for householders with variable-rate mortgages and made borrowing more difficult for new home buyers. In kitchens and corporate boardrooms across the country, worried consumers and executives were examining their budgets and rethinking their spending plans. Notes Alan Meltzer, a professor of economics at Carnegie Mellon University: "People don't know what kind of environment they will be in, so they are postponing decisions...
...TIME/CNN poll conducted last week by Yankelovich Clancy Shulman, 44% of the adults questioned said they expect economic conditions in the U.S. to get worse; 29% felt that way in July and 20% in February. An overwhelming 84% of those polled think inflation is likely to increase, while 74% think interest rates will rise and 68% believe unemployment will grow. The majority of those in the survey, 55%, believe a recession is coming, up from 41% in July. In the view of 44%, a recession has already arrived, although 49% remain unconvinced...
...estimates for this year have grown from $100 billion to $161 billion, largely because the economy is growing less quickly than anticipated. Last week the Labor Department reported that civilian unemployment rose in June from 5.2% to 5.5%, the highest jobless level in almost two years. If, as many expect, the economy plunges into a full recession, the deficit could become even larger...
...position on the Continent, just in time for the integration of the European market in 1992. Though no E.C. official has spoken against the takeover, strong opposition may soon be heard. Says Tim Marrable, who follows the computer industry for Kleinwort Benson in Tokyo: "You can more or less expect France to come out and accuse Britain of bringing another Japanese Trojan horse into Europe." Analysts anticipate a heated debate about whether the Community should revoke ICL's rights to participate in E.C.-sponsored high-tech research projects now that the computer maker answers to a Japanese firm...