>> what i heard you say, inflation is the highest it's been in several, i thought you were about to say several years and i was going to hit you with, girl, it is more than years, it is decades, but you got it right. listen, no surprise that they raised interest rates today. what you're saying they may not continue to raise them at this pace, it is because they're realizing they may need to take a step back and look at this. this is the sixth time this year and the problem is inflation isn't cooling as quickly as they thought, or hoped it would. and it is a really difficult balancing act, right? right now we're experiencing double pain. high inflation and high interest rates. and the reason we're raising rates is because we want to cool inflation and it hasn't happened yet. and so the way one economist has phrased it it is sort of experiencing the pain before we're experiencing the upside. and that's the problem. so potentially they're going to take a step back here, and hoping that raising rates yet again will cool things, but one of the problems, hallie, is that consumer demand remains really
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