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To: UnBelievable who wrote (48041)	12/15/2000 9:10:49 AM
From: Archie Meeties	Read Replies (2) \| Respond to of 436258

Meanwhile, energy prices fell 0.2%, their weakest performance since August, with natural gas prices dropping 0.7%. ROFLMAO!

To: UnBelievable who wrote (48041)	12/15/2000 9:12:07 AM
From: UnBelievable	Respond to of 436258

CPI Redux 8:59 (Dow Jones) An increasing number of folks are wondering if Fed chief Greenspan will be less inclined to cut rates if he thinks a tax cut is coming soon, via a Bush administration. "The amount of time required to get a tax-relief program passed makes it less critical in near term, but it may affect the playing field enough to make otherwise intuitive decisions more deliberate," says Lehman's Jeff deGraaf. (TG) 8:48 (Dow Jones) The Treasury market is still down by a minor degree following the CPI data, largely because so much good news is priced into the market any mild disappointment will sent bonds lower, participants say. The 10-year is off 3/32 to yield 5.23%. (MSD) 8:47 (Dow Jones) EUR/USD has slipped following CPI after initially holding steady. It's at $0.8968 compared with $0.8984 ahead of data. EUR/USD failure to break above 90 cents leading to more profit-taking. (CSE) 8:39 (Dow Jones) Stock futures about where they were before CPI. Still looking lower, though nothing dramatic. (TG) 8:36 (Dow Jones) Nov. CPI leaves year-over-year consumer prices up 3.4% and core prices up 2.6%, well above 1999 gains. Just because the economy's slowing, it doesn't mean price pressures are going to reverse immediately, so slower growth numbers could be accompanied by higher inflation for a while.