. >> susie: joining us now for more analysis, bruce kasman, chief economist at j.p. morgan chase. >> tom: right, susie. >> susie: also just over the last couple months we keep hearing from the fed chairman that the problems in the economy are trancer to, they are temporary. how long is temporary? >> i think if he's right and if those forces that are temporary will give us a lift, they'll come pretty soon in the next three months. i think it's important that the chairman did basically say he wasn't confident that it was trans-itory. there's some sense that it will pick up, but not the strength they were looking for a few months ago. >> susie: how much more pro-active can the feds be? what are its options to pick up the economy? >> i think unless we get something pretty dramatic happen, its options are very limited. part of that is because inflation has picked up, we're not in the same position we were last year where inflation was well below the fed's target, but also i think the fed has used purchases of assets, it's been very exceptionally accommodating here and tha