Carter Predicts Continuation Of 'Serious' Inflation in U.S.
President Carter acknowledged yesterday that the nation would be faced ÐÊ with ÛÏseriousÛ inflation for at least the next few monhs.</br></br>Carter, in remarks transmitted to the National Cable Television Association convention in Las Vegas, urged support of his voluntary anti-inflation 'Û¢guidelines. ÛÏWeÛªve just got to stick to them,Û he said.</br></br>"Û¢ The PresidentÛªs remarks came as Federal Reserve Board Chairman G. William Miller told Congress that while the White House program was showing some results it would take the nation six or seven years to win the war against inflation.</br></br>Two positive economic signs pointed to by the President were a slowdown in the economy and the strengthening of the dollar overseas.</br></br>Carter said the dollar has stabilized so much on foreign money markets that U.S. allies ÛÏlike Japan and West Germany are complaining itÛªs too strong." As for the nationÛªs economic growth rate. Carter said it was ÛÏslowing somewhat.Û