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The Fed's Target for Housing Services
CPI core, excluding food and energy, is 2.5%, which is the Fed's target. The only thing reason we're not at target is the cost of housing,. And as we've been discussing, we all know that that's going to slow quite dramatically here. So my, my baseline forecast, a year from now, you know, cost of growth, the cost ofhousing services is going to be normalized. It's going to be around 2.5%.