glenn hubbard of columbia. fantastic on the federal reserve and beyond.ater this morning, christine lagarde will speak. then the bank of england governor will speak. there are some big questions about how much further the bank of england can go already given where the data is in the u.k.. lisa: given the fact that they are tightening into weakness. at the same time, it is inflation. if their job is to curtail inflation, what are they doing? how can they maintain a mandate that is to curtail inflation? jonathan: the bank of lincoln facing challenges to the rate hiking cycle. the ecb has not started and we have this big slowdown emerging in china with the lockdowns in shanghai. challenges for those two bankers this morning. how does your communicate tighter monetary policy? tom: i think this is the common ground between paul krugman and glenn hubbard is they will wait and look at the data. they are by definition experts, they can pontificate all they want. they will wait to see the data, including inflation rolling over, which maybe is a consensus presumpti