I Think We Need New Definitions of Cor Inflation

I think maybe we need some new definitions of cor inflation. Those are actually out there. If you look at the minneapolis fed president cashcare last night, for instance, used to be one of the biggest doves amongst fed officials, now one of the big hogs. He's looking through those kind of one time specific elements thay probably don't tell us a lot about the underlying inflationary trand on which is around four to six %. And again, its it really comes back to the tigt labor market cost that service providers in particular, have to pass on to their customers.