The Fed has been getting more hawkish since december. The big risk for the fed, you know, at this coming meeting, is they're putting out new projections for interest rates for the first time since de December. This war started kind of right at the beginning of the multi week planning process that takes place before these f o m c meetings. And so there's just no way that, as they're compiling their projections and trying to figure out where they're at versus deDecember, that this has gone on far enough for them to really account for it.
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