Or leveled off. now, the next three months you re going to see the inflation rate leveling off because they re dropping off low numbers 12 months ago, but once that s over and the three months leading up to the election, those rates that are being dropped off are going to be very low and you re going to see an initial surge. plus, the producer price indication is over 11%, which is the preceding stage of the consumer price indication, which means it s being pulled higher and higher. spot commodity prices are rising dramatically. i don t see any reason to expect inflation to stop or go down. i just don t see it. and it might even go a lot higher. if it does, this will be a really pivotal point for the fed in trying to bring it under control. all right. to be continued. arthur and betsy, thanks for joining us today. coming up, intense battles rock the mariupol steel plant with civilians still stuck inside. now officials say they have lost contact with the ukrainian fighters inside.