Tag: 1970s

Why the Fed risks relearning the painful inflation lessons of the 1970s

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: A hotter-than-expected inflation print rocked bond markets Wednesday, sending the US 10-year Treasury note yield (^TNX) to 4.56%, the highest level since November. The jump (18 bps) was the biggest in nearly two […]

Howard Jay Needle, Maryland delegate in the 1970s, dies

Howard Jay Needle, an attorney and Pikesville community activist who worked to preserve an armory, died of aspiration pneumonia Jan. 29 at Gilchrist Center Towson. He was 88. “Howard was an extremely principled individual,” said Sen. Ben Cardin. “He was dedicated to doing good. The Pikesville Armory is a good example of something he put […]