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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Tunica Albuginea who wrote (11839)	9/15/1999 8:57:00 AM
From: Bipin Prasad	Read Replies (1) \| Respond to of 19080

CPI rose 0.3% total in August, and the core rate, which excludes the volatile food and energy components, rose just 0.1%. The Treasury market is rallying on the report, which continues to offer strong evidence of a benign inflationary environment within the US economy. More importantly, the report should shake out most of the October tightening concerns in the market. The October Fed funds, which placed the probability of an October 5 tightening at approximately 43% yesterday, are now placing the probability of such a move at just 33%.