Pulled that into this. Treasury, we want treasury to be able to have the cash that it needs and we are essentially taking that to our work. There may come a time when we talk about that. I think we are more focused, frankly, on the bill purchases the year end and review of supervisory and regulatory issues that were digging into and we think these are structural things, right just allow the liquidity that is already there to flow more freely perhaps by making fairly straightforward noncontroversial changes. We think there is some of that if they take role changes, it will take three months and things like that these things that were working on now, like going through year end with the overnight facilities and the bill purchases and the term repo, those are things we have to do right now and are doing. Chris hi. I wanted to ask the only change in the statement was a drop in the reference to uncertainties around the economy you seem very confident or it implies theres a lot of confidence
Pot belly cfo why the klain lost 6 today we will get to it all let us begin with the Federal Reserve as expected no change in rates in the time meeting of both the year and final meeting of the decade. Come on. Thats all in the past, guy what should we expect in the future the new year, a rate cut, a rate hike, Steve Liesman was there. Asking questions at the press conference and he joins us now with more good evening, steve. Sully, thanks the Federal Reserve ended a momentous year for Monetary Policy by lawmakering what it indicated was a new regime where policy is likely to remain on hold for what could be at least several months the move to neutral follows three successive rate cuts beginning in august and reversal of plans to hike earlier this year now the policy statement the fed called the current stance of policy appropriate feds overnight lending rate standing at a range of 1. 5 to is 1. 75 . Jerome powell saying that could be the case for a while to come. We believe that the c