Is Four % Inflation the New Two %

I think inflate will probably be below for by the end of the year. And is four % inflation the new two % inflation? Well, if you look at previous examples of soft landing, it happened when the fet hadn't formalized its inflation target. Voters are upset about gas prices. They want to be sure that they're doing action. I think this is more likely than any legislative action that's going to move. But again, they have to do something, and is probably one of the actions yill take.