Is the Fed Going to Tighten 75?

Inflation expectations, even before this, have really started coming down. I don't think we're goin to geta 12, 15, 20 % inflation or anything. But it's also not going back down to two any time soon. The demographic wave is shifting. And i think that our policy makers have learned one set of policies. They've trained their models on the nineties and two thousands, and those models are a, they're obsolete. So policies are going to be persistently wrong now for a while,. until till they realize that they need to recalibrate everything.