How High Do You Think We'll Get on Fed Funds?

A lot of this weakness and volatility is being driven by inventory re stalking and destalking by net trade, two components that tend to be very volatile. I think we with every data report, we should really look under the hood and see what the details of that report are telling us. So i name that we probably get to four % interest rates by the end of this year, before the fet takes an opportunity to pause and see the effects of e tightening financial conditions on the labor market and on inflation. And then i think risks for next year are pretty wide.