51. Federal Reserve Gov. Lawrence Lindsey would not comment on whether the Fed will cut interest rates further, but he said good inflation news would probably continue. 52. Financial markets rallied initially on the good inflation news but then receded. 53. Financial markets rallied on the good inflation news. 54. Financial markets took the bad inflation news in stride as a second report showed the economy continuing to slow. 55. However, Wall Street took the inflation news badly. 56. Investors have been put in a good mood by the latest inflation news. 57. Many analysts said the inflation news, along with a round of European interest rate cuts, increased chances the Federal Reserve will lower U.S. rates next week. 58. Stocks moved ahead early Tuesday, following the upward course set by bonds, which were buoyed by favorable inflation news. 59. Stocks reacted positively to the latest inflation news. 60. Stocks tumbled once again today as already nervous investors reacted to worse-than-expected inflation news. |