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To: Wally Mastroly who wrote (9785)11/10/1999 8:57:00 AM
From: Wally Mastroly  Respond to of 15132
 
Re: PPI ...(Again):

And in conclusion..../mixed bag - bond market off somewhat (initially at least)...

cbs.marketwatch.com

"..Once again, any gains in the PPI or its core measure can be explained
away by special factors. The core rate would have risen 0.1 percent except
for the hike in car and truck prices.

But there are signs of inflationary pressures if you want to find them: Prices for intermediate nondurable manufacturing materials, such as chemicals, paper, fibers and plastics, jumped 1.1 percent, the stiffest rise in more than four years.

One good month doesn't kill the inflation threat. The Fed is certain to maintain a watchful eye..."

-

(The last sentence is a recording...)