evans interview. let me begin with you as well. he has two speeches in the last year that are absolutely stunning. one was in germany on monetary choice, the other was at the and abenstitutionalize a lifted inflation. where does that come from, mike? michael: it comes from the fed tradition that if you lower the -- inflation goes up. that has not happened yet. fed officials who want to boost inflation have not explained -- we know there is a problem getting inflation higher, so how do they overcome that? tom writes when evans speaks. afteroes he want to give the press conference? i thought he was going to walk out of the room after that first question? onto the vice chairman, now evans. what message does he want to convey to the institution? tom: evans has been relatively balanced after a handful of weeks. generally speaking, when he says he was not one of the ones looking for a cut, we were surprised. he tends to lead on the other side. there has been sort of a mass of doves that has come out and more or less said the same thing. i think everyone is really comfortable where we are for me policy perspective. that is the hurdle for any additional cuts. it is incred