Political Quotes

Jimmy Carter: We hope that banks will act promptly to pass on to their loan customers the benefits of the reduction in costs of funds…

On the recordMay 21, 1980
We hope that banks will act promptly to pass on to their loan customers the benefits of the reduction in costs of funds they are now experiencing.
Said by
Jimmy Carter
Democratic · Georgia

Editor's note · Context

Federal Reserve System White House Statement on the Board of Governors' Actions To Ease Credit Restraints

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