fast. remember, though, that we still think there is a need for ongoing rate increases and we have some ground left to cover here. and cover it we will. well let s see how the markets think about all of this. right now down just under 200 points. it had been down more in the last hour. we ll continue to watch it. for more on this, we speak to gina smiley, a federal reserve and economy reporter for the new york times. gina, it is interesting to hear the words from the chairman. it is been good and successful so far. i haven t heard that from a lot of folks on either side given that inflation has stayed high even with four straight three quarter percent interest rate hikes. is there a disconnect there. i imagine what chair powell meant is that the fed has successfully managed to raise rates a lot this year. they ve really had the fastest tightening campaign since the 1980s. and they ve done that without