Speech

Current Economic Policy by Darryl R. Francis, President Federal Reserve Bank of St. Louis Rotary Club Newport, Ark. September 15,1967 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Interest Rates Sources: Board of Governors of the Federal Reserve System and Moody’s Investors Service Latest data plotted: September, based on 8 days Prepared by Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis B-ll * Loans at All Commercial Banks Percentages are annual rates of change between periods indicated. They are presented to aid in comparing most recent developments with past "trends”, and may not be relevant for other purposes. *Estimated by Federal Reserve Bank of St. Louis Data are averages for end of current and preceding month. Latest data plotted: August estimated Prepared byFederalReserveBank ofSt.Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis B-10 Bank Credit Data are averages for end of current and preceding month. Percentages are annual rates of change between periods indicated. They are presented to aid in comparing most recent developments with past "trends”, and may not be relevant for other purposes. Latest data plotted: August estimated Prepared by Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis B-7 Money Stock Percentages are annual rates of change between periods indicated.They are presented to aid in comparing most recent developments with past "trends”, and may notbe relevantforother purposes. Latestdata plotted: August preliminary Prepared by Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis b-6 Influence of Federal Budget Policy* Stimulus or Restraint Source: Federal Reserve Bank of St. Louis *The High-Employment Budget, first published by the Council of Economic Advisers. Latest data plotted: 3rd and 4th quarters 1967 estimated Prepared by Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis B-5 Industrial Production Ratio Scale Ratio Scale Percentages are annual rates of change between periods indicated. They are presented to aid in comparing most recent developments with past"trends”,and may not be relevant for other purposes. Latest data plotted: July preliminary;4th quarter 1967 estimated Prepared by Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis hz-Zy^A^v-^- -}- ft-J' $>h, (/^Ignj^.^ General Price Index* Ratio Scale Ratio Scale (1958 = 100) (1958=100) * As used in National Income Accounts Source: U.S. Department of Commerce Percentages are annual rates of change between periods indicated. They are presented to aid in comparing most recent developments with past''trends", and may notbe relevantforother purposes. Latest data plotted: 3rd and 4th quarters 1967 estimated Prepared by Federal Reserve Bank ofSt.Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis B-2 Final Sales Total Spending Less Changes in Business Inventories Ratio Scale Ratio Scale QuarterlyTotalsatAnnualRates Source: U.S. Departmentof Commerce Percentages are annual rates of change between periods indicated. They are presented to aid in comparing most recent developments with past "trends”, and may not be relevant for other purposes. Latestdata plotted: 3rd and 4th quarters 1967 estimated Prepared by Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Darryl R. Francis (1967, September 14). Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/speech_19670915_francis

@misc{wtfs_speech_19670915_francis,
  author = {Darryl R. Francis},
  title = {Speech},
  year = {1967},
  month = {Sep},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/speech_19670915_francis},
  note = {Retrieved via When the Fed Speaks corpus}
}