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A Managing Directorfrom the carnegie council. Thanks forjoining us. What you make of those comments from the Federal Reserve governor . What do you. It is from the Federal Reserve governor . What do vow what do you. It is a reasonable statement what do you. It is a reasonable statement. Based what do you. It is a reasonable statement. Based on what do you. It is a reasonable statement. Based on economic i statement. Based on economic projections, it turns out that it is always surprising, so the rush to cut rates is probably not as necessary and it may actually derail the progress we have made towards inflation and the secret here is that the Balance Sheet for the fed is likely to take a huge part in how rates behave in the second half of the year. Even thou ....
You were there yesterday and, david, you were there as well. How was it being there, being surrounded by so many other people who have been through similar experiences to you . It was very surreal and i am still trying to take it all in because for the first time we heard the truth being pronounced in such clarity and it was damning. We knew it was going to be damning but to hear it and to be there with some of the others, but we were also so aware of so many that couldnt be there because they were either too ill or had already passed away, so it was a very poignant day, very powerful and we are extremely thankful for the work of the inquiry. Are extremely thankful for the work of the inquiry of the inquiry. David, coming to ou, of the inquiry. David, coming to you. Your of the inquiry. David, coming to you, your father of the inquiry. David, coming to you, your father of of the inquiry. David, coming to you, your father of course of the inquiry. David, coming to j you, your father of ....