Economics: will interest rates be a friend of Bill?

President Clinton's economic proposal could raise or maintain interest rates. The Gross Domestic Product and other economic indicators are giving conflicting signals as to economic trends. Inflation seems under control, but experts expect an increase. Savings rates are staying low, despite pred...

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Bibliographic Details
Published in:Credit card management 1993-07, Vol.6 (4), p.22
Main Author: Sullivan, A Charlene
Format: Article
Language:English
Subjects:
Clinton, Bill
Economic indicators
Economic Outlook
GDP
Gross Domestic Product
Gross National Product
Interest rates
Interest Rates (credit)
Interest Rates (deposits)
Taxes
Online Access:Get full text
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Summary:President Clinton's economic proposal could raise or maintain interest rates. The Gross Domestic Product and other economic indicators are giving conflicting signals as to economic trends. Inflation seems under control, but experts expect an increase. Savings rates are staying low, despite predictions to the contrary. In the short term the Clinton package is expected to have little positive effect on growth and the taxes should slow growth in the long term.
ISSN:0896-9329