atif mian, over at princeton university, a much talked about paper released this year.e will be back in just a second. . don't go anywhere. you are watching bloomberg. ♪ you are watching bloomberg. ♪ taylor: romaine, the debate continues. in march, the fed predicted core pce would be 2.2%. 3% in june they raised it to. today, they raised it to 3.7%. romaine: but they keep saying that these price pressures are not necessarily going to persist. he made it clear that the overshoot households are not feeling it. i'm not sure we are hearing the same thing. taylor: know. gina says you hear that, but we have heard it for so long. caroline: $1000 bonuses. nike, we are going to see how much pricing pressure is on the company. fedex yesterday. taylor: huge. one of these days i will get romaine to admit he is on my team secretly. bloomberg technology is next. this is bloomberg. ♪ >> from the heart of where innovation, money, and power collide. in silicon valley and beyond, this is "bloomberg technology." with emily chang. -- this as the