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I Think the Fed Did Not Really Adjust Their Teir Models as Quickly as They Should Have.
It does feel like the fed was very focused on this idea of, yes, jobs have rebounded a you know, the employment recovery has been stronger than expected. Cout, a lot of pressure and upward upperpression of wages. That's going to be the kind of thing that can really sustain tri pressures overtime. Ii thought eventually that was something thit was going to catch up to the fed.