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Politics : Formerly About Applied Materials
AMAT 268.17+0.1%Dec 8 3:59 PM EST
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To: Laker who wrote (18823)4/15/1998 1:42:00 PM
From: Tom Kearney  Read Replies (1) of 70976
 
Laker, it is hard to see how the FED could raise rates soon, when the 1st QTR CPI is up .2% as well as the core CPI being up just .2%. For the QUARTER!! This is the lowest since 1966! Also, consumer spending seems to be off just a tad in March. Of course, anything is possible, and people are suggesting other scenarios, but this looks to me to be very compelling against an interest rate raise.

Regards,
TK
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