The SCP, the Survey of Economic Productions, Will Be So Important Today

The SCP, the Survey of Economic Productions, or the dots, if you will, will be so important today when we get the statement. If the unemployment rate remains elevated in their forecast, that's a signal to the market that they're willing to tolerate decently higher unemployment rates in order to get inflation down. Wages, though, are keeping inflation high, and that's the key to inflation really rolling over. John, I'm sorry, politics matters here. It's going to matter tomorrow for Bank of England. It'sGoing to matter today for Chairman Paul. Oh, Tom, I don't disagree. And I think, Michael, this is going to be the difficult part.