us is medley global advisors managing director ben emons.en, so we continue to see these expectations, the central bank independence or the heyday of this independence is behind us. what does this mean for investors? ben: hi, shery. i think it means in some parts of the world, like in turkey, they can expect a lot of volatility of turkish assets an higher volatility. the lira weakness dissipates only rate cuts have an adverse effect, you have higher inflation. within the developed world, it is a bit of a different story. most of the inflation as well below the target, and they have loser financial conditions. theirt case, even though escorts of them, now there is concern about the independent sa the federal reserve and the ecb, but that saidy,, if central bank's are politicaltiny of the spectrum as well as the public some of the decision-making does become more complicated. shery: we are waiting to hear from fed chair jerome powell testifying to congress this week. we have seen the latest labor report in the u.s., showing a lot of strength.