It's your call HC B

November 08, 1991

The Federal Reserve Board's move in lowering the discount rate on loan interest to banks will not boost the economy, according to a majority of callers to SUNDIAL. Of 296 callers, 167 (56 percent) say the move will not help the economy, and 129 callers (43 percent) say it will.

Of 295 callers, 190, or 64 percent, say they would not be encouraged to spend more if banks lower their consumer loan rate, while 105 callers, or 35 percent, say they would spend more.

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