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Economic Perspectives, Vol. 4, No. July/August, July 1980
The Credit Restraint Program in Perspective
The anti-inflation program the President announced on March 14 included-along with promises of cuts in federal spending for the rest of this fiscal year and a balanced budget for the year beginning in October-a set of selective policy measures designed by the Federal Reserve to restrain credit growth.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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