A conflicte is between the politics and the economics here. To my knowledge, nobody has asked for clearing to move from a business standpoint. A very warm welcome. I am anna edwards. S they met in june. They discussed, and they were divided in terms of federal reserve, the Balance Sheet. They are sticking to the gradual pace. We dug deep into the roots of what is going on. Anna loves this chart. The story of this chart, this is about the influence station Inflation Expectations from the fed. Saw, there wasu this view inflation was going to return and there were more officials who viewed the risk waited on the upside. That has shifted. There are now three cardmembers who think the risks are to the downside. This is about a shift in expectations. This is the doubting thomas factor. Anna they dont understand why inflation is so weak. The timing on the Balance Sheet, an open question. Morning, theres seems to be lots of say and not a lot to show for it. The geopolitical tensions that exist