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What Is the Current State of Inflation?
Inflation is definitely high. It's been, you know, cooling off over the last few months. Some people who say inflation is actually cooling off pretty fast right now. And and the Fed might be able to achieve its legendary supposed goal of a soft landing. But I would say, if you have inflation coming back down to 2%, back down to the Fed's target, without a significant rise in the unemployment rate, in my mind, that's a success.