TO CURB SPECULATION
U.S. REDISCOUNT RATES (United P.A.—By 'Telegraph — Copyright) (Australian Press Association) Received 10.18 a.m. WASHINGTON, Thursday. The Federal Reserve Board has approved the establishment of rediscount rates of 4J per cent, for the Boston and Chicago Reserve Banks; to become effective on April 20. The move is believed to be a gesture by the board to curb speculation. The New York Federal Reserve rate.
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Bibliographic details
Sun (Auckland), Volume II, Issue 334, 20 April 1928, Page 9
Word Count
66TO CURB SPECULATION Sun (Auckland), Volume II, Issue 334, 20 April 1928, Page 9
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