On the recordDecember 19, 1991
Today's lowering of the Federal Reserve discount rate from 4.5 percent to 3.5 percent is a significant step.
Source
presidency.ucsb.eduToday's lowering of the Federal Reserve discount rate from 4.5 percent to 3.5 percent is a significant step.
Statement on the Federal Reserve Interest Rate Reduction
Share
More from George H.W. Bush
We know that free governments are the only way to ensure that the strong are just, and the weak are valued. And we know that when we lose sight of our ideals, it is not democracy that has failed. It is the failure of those charged with…
One of our major problems is, we do not have enough immigrants. We are going to have to do something about our immigration policy.