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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (837)3/21/2001 5:35:24 PM
From: Wally Mastroly  Read Replies (3) | Respond to of 10065
 
Mr GJ, FWIW, Today's CPI/Core CPI (including Year Over Year), will not encourage Dr. Greenshades to accelerate the rate cutting.

Some of the ripple-effect of energy/chemical costs may be starting to be passed on (for instance in food costs & airline costs). Some of the food increase may be due to the beef 'scares', also.

Latest OPEC announcements about cutting back on supply may cause energy costs to reverse again & start their creep up.

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Some detail/analysis on today's CPI numbers:

dismalscience.com

quote.bloomberg.com

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and a case for more aggressive FED action:

dismalscience.com