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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (4455)	4/13/1999 9:00:00 AM
From: Wally Mastroly	Read Replies (1) of 15132

Little inflation in CPI , but retail sales rose less than expected: cbs.marketwatch.com and the beat goes on ----- "..The economy is enjoying a remarkable conjunction of healthy economic growth and low inflation.." "..In 1999, disinflation is moving to the core (which excludes food and energy prices)..." - and the goldilocks economy may continue --- usatoday.com "..While economists believe that rising energy costs will add probably 0.6% to overall inflation this year, they look for price pressures to remain well-behaved in other areas... If that forecast is correct, it should give the Federal Reserve the leeway to leave interest rates unchanged. Normally, at this advanced stage of an economic expansion the Fed would be raising interest rates to fight growing inflationary pressures..."

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