Declined and is running below 2 . The forecast link which hasnt changed. Inflation is expected to remain somewhat below 2 within the near term, but it will, according to the statement, stabilize around the 2 objective over the medium term. He continues to strengthen in the labor markets, but june joby john gains, it has been stronger. Basically, this leaves investors with what they were thinking, a Balance Sheets move in september and a great move, if it occurs, push off until perhaps december. Tom certainly some reaction in the market with the vix showing it bounced down under nine. The essence of the market is great. Chicago, is the quiet of the market tangible and real or is it a deceptive quiet . Think it is deceptive. One of the important things is you saw the capitulation for but september is ideal. They admit they like to see the Balance Sheet move. Said, we got a lot of policy uncertainty that is not being price to markets. It is amazing to me how much market ignore the noise f
Declined and is running below 2 . The forecast link which hasnt changed. Inflation is expected to remain somewhat below 2 within the near term, but it will, according to the statement, stabilize around the 2 objective over the medium term. He continues to strengthen in the labor markets, but june joby john gains, it has been stronger. Basically, this leaves investors with what they were thinking, a Balance Sheets move in september and a great move, if it occurs, push off until perhaps december. Tom certainly some reaction in the market with the vix showing it bounced down under nine. The essence of the market is great. Chicago, is the quiet of the market tangible and real or is it a deceptive quiet . Think it is deceptive. One of the important things is you saw the capitulation for but september is ideal. They admit they like to see the Balance Sheet move. Said, we got a lot of policy uncertainty that is not being price to markets. It is amazing to me how much market ignore the noise f