have as a second order effect is probably not the place jerome powell wanted to be in but in terms of financial markets, they are pricing in this morning, the earlier end asjerome powell alluded to, the federal reserve asset programme but actually probably most relevant is what happens after that in terms of the first rate increase which financial markets are thinking may be one, two macro increases in the second half of the year but will not be drawn forward now? it makes the meeting in the middle of december white cake in terms of communications. ., communications. the 15th of december communications. the 15th of december but communications. the 15th of december but what - communications. the 15th of december but what i - communications. the 15th of| december but what i thought communications. the 15th of - december but what i thought was when he said there is an elevated threat of persistently high inflation and then actually, it s seen more broadly across the us economy and if