The Fed Is Not Dominating the Market, Right?

Noouno: Three and a half standard deviations on the real raids clearly will make the market nervous also. And that's i think why, you know, when the fed was doing their testimony, they were not as aggressively hawkish as they have been after. The seven % c p i number didn't really freak out the market either, right? Because the the fed had backed off their hawkish testimony because of the increase in real rates which was of a larger than usual move.