the next one, brainard departing going to the white house two candidates in the running, ja ja janice eberlyith positions at northwestern and harvard university in terms of what we can expect all of wall street is going back to research papers, some things that took out dimon -- janice eberly said if the fed had a 3% inflation target not a 2% target, the recovery would have been much faster that's dovish. of course, we don't know this is going to go through a senate confirmation and learn a lot more but it's fun to speculate. >> is it, though some get worried when you start talking about this how would other central banks respond? what would the impact be on the dollar >> also credibility. the fed can't be in an inflation fight saying we could handle a higher rate so probably not likely but wall street can hope. i guess, if you're hoping for the fed to calm down here on interest rate hikes, the move is the opposite and the market has fallen apart again today and lost a pretty decent rally and now at the lows of the day. >> dollar almost getting to 105 on the dollar index. pce will be key. >>

but i want to talk about janice eberly. she co-wrote a piece in 2019 that found a 3% inflation target, would have been better in the aftermath of the global financial crisis. so it's clear to me that biden is looking for a dove to replace that influential lael brainard seat as vice chair. okay, let's keep an eye on those names. valerie, thank you so much. valerie title in london. well, president biden says vladimir putin has made the world less safe by suspending the participation in a nuclear treaty. but the us president president doesn't believe that it signals the russian leader will use atomic weapons. i have not seen anything. we're not seeing that where there's a change in his posture, what they're doing. the idea that somehow this means they're thinking of using nuclear weapons, international, but not boasting, there's no evidence of that. let's bring in our senior editor for bloomberg. in singapore. it is bill faries. bill. i mean, what is the latest? how assured can we be that the president has, you know, real sure