On the recordDecember 1, 1964
Events overseas have compelled the Federal Reserve to raise our discount rate.
Source
presidency.ucsb.eduEvents overseas have compelled the Federal Reserve to raise our discount rate.
Remarks to the Members of the Business Council.
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I call upon them to cooperate fully with the Secretaries of Commerce and State in this important work.
We are grateful for the impressive gesture of good will and partnership that you have extended to us.
Your reward--and it is coming--will be seen in the faces of children who will come down the road that you have helped to open.