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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Dwight E. Karlsen who wrote (8791)11/7/1997 9:29:00 AM
From: Moonray  Read Replies (1) | Respond to of 22053
 
U.S. CPI overestimates actual inflation--Greenspan

WASHINGTON, Nov 7 (Reuters) - Federal Reserve Chairman Alan
Greenspan said on Friday central bank research suggested that
the U.S. consumer price index (CPI) overstates the nation's
actual inflation rate by about one percentage point.

The U.S. central bank chief warned that measuring prices
properly had become a crucial challenge now that major
industrial nations were ''moving toward price deflation.''

CNBC expects the DOW to be off 100 points on the opening.

o~~~ O