former fed governor jeremy stein. the bat on whether or not you think the fed can bring inflation back down to 2.0%. >> yeah, i think that may be challenging. so obviously i preface it by saying we're in an amazing place. if you think back to where we were a year ago, it's unfathomable where we are, inflation being this low and the labor market still being basically great. >> nobody here was predicting that last year. >> exactly. so the context for this has to be whether by luck or by skill, they've done an amazing job. now, my best guess right now is that inflation is tracking 2.8. i don't know that it is going to want to voluntarily fall much further of its own accord. it's come back a lot in part because of the supply chain stuff reversing itself. the models that they use have a bit of a magic effect where if you say two, it just drops to two. i don't really buy that. >> you think the fed should cut its losses now and reverse policy? what would be -- >> i think it depends on the context. right now, we have a strong

on the sideline of talks between ukraine's ministry backers of the us advice and non steining, jeremy. and he said the us remains a reliable partner, despite the refusal of congress to pass further, you pray and spending, and us defense secretary lloyd often promised these countries continued back to pray breakdown and neither of what were united states. so our message today is clear, united states will not let you praying for you. this coalition will not let you brain fail in the free world will not let new grain for you. and so did lloyd austin's coalition partners believe him, when he says with us won't back bounce. i was a lot of talk of the resolution of confidence, of trust, of mutual support and so on. but in the end, i think the coalition partners don't really need to be convinced that lloyd awesome and, and to joe biden, at the bottom, it's ministration is serious. and what it's saying that you have the whole problem isn't congress, is the republicans in congress. so whatever, going hosting and discussion partners say at the moment, and that's where the decision is going to b