Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Archie Meeties who wrote (39397)	6/14/2000 9:23:00 AM
From: Augustus Gloop	Read Replies (1) of 63513

The Consumer Price Index, the nation's broadest gauge of inflation, rose a slim 0.1 percent in May after being flat in April. Excluding volatile food and energy components, prices rose 0.2 percent, matching April's advance and economists' expectations. The data will likely add to the sentiment that the Federal Reserve could opt to leave interest rates unchanged at its policy-setting meeting later this month after hiking rates six times in the past year to cool the economy and head off inflationary pressures. I'm really new to investing and very nervous. Are these numbers bad? Should I be buying gold or silver because of this report? It looks like prices could rise over 2.4% over the next 12 months based on these numbers. Thanks for your help and advice...I need it in this crazy market.

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