The Fed's Fed Policy on Inflation Isn't a Good Idea

The next big read on inflation is just around the corner here with December CPI that's 2 up Thursday but even if we see further easing on price pressures will it make a difference to the Fed's policy for more let's bring in Steve Leesman. Melissa, I don't think they're a great setup as along into the Prince on Friday morning well as we mentioned the next bigread on inflation isjust around the corners here with November was revised down sharply. The unemployment rate did fall by two tens but the two year fell again today and on Friday dropped with the jobs number and the ISM services number that was the market's reading the data if not the feds.