Word: peak
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Despite the trouble it has had controlling the money supply, the Federal Reserve's policy has significantly helped bring down the level of inflation, which in the final analysis represents the most pernicious threat to the economy. From a peak of close to 19% in the first three months of 1980, the annual rate of consumer price increase has slowed steadily in the past two years. During 1981, prices rose at an annual rate of 8.9%, compared with 12.4% in 1980. During the last three months of 1981, prices were increasing at a moderate 5.3% annual rate. Many economists...
About 20 percent of classes at peak hours--Monday, Wednesday and Friday at 10 a.m., 11 a.m. and noon, and Tuesday and Thursday at 11 a.m.--will have to move to other times, Rosovsky said in his letter...
...caused considerable concern in the Western Alliance by increasing their strength. Their tactic: backing social and economic reform while espousing democracy. But in recent years they began to lose some of their appeal. In 1979, Italy's P.C.I, won only 30.4% of the vote, down from its alltime peak of 34.4% in 1976. France's Communists saw their support drop from 20.6% in 1978 to 16.2% last year. Events in Poland have now created a crisis of conscience. Says Heinz Timmermann of the Federal Institute for East European and International Studies in Cologne: "Eurocommunists might well be presented...
...severity of the recession is greatly compounding Reagan's problems. Some Administration economists now expect the unemployment rate to peak at 9.5% in March or April; that would be a post-World War II record. Many other economists fear that the figure could reach 10%. If it does, and if unemployment stays high, the President's figures would be skewed. Every percentage point of unemployment adds $20 billion to the deficit in transfer payments (like jobless compensation) and revenue loss. One little noticed fact: although the number of jobless jumped to nearly 9.5 million in December from...
Around the pontoon, boats chug and cruise?police boats, water taxis, sampans piloted by women in straw hats, ferries, tugs, dredges, schooners. Freighters with exotic names lie at anchor. In the background, the office buildings of Hong Kong Island stand pressed against Victoria Peak. Trinh Thi Nuong, 8, gazes at the city in open wonder. She is told that she looks lovely...