probably to jon hilsenrath's point, with the stimulus money i can tell you from the front line we areobs out there than there are people willing to take those jobs, to show up for work, so labor participation is going to be really important, also seeing if women are coming back into the workforce, that is still a challenge as well we will dig into that. cheryl: digging into all of it everybody stay right there the march jobs' report is going to be with us right after the break you are watching "mornings with maria." breaking news coming up. n spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming. and it won't matter what hit you. what matters is you're down. and there's nothing down there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪ [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ ♪♪ ♪♪ i have the power to lower my a1c. because i can still make my own insulin. and trulicity activates my body to release it.

let me bring in jon hilsenrath here. jon, the central bank has not changed its tone.ou expecting any change of tone in the upcoming meeting next week, does that change the backdrop in your view, jon, to what has been a strong recovery? jon: it has been a very strong recovery and i do think that we will see over the months ahead the fed changing the way it talks about a few things. they're not going to be raising interest rates for a while but they've got this big bond-buying program and at some point they will have to start talking about, well, when did they stop buying all the bonds and pumping hundreds of billions of dollars more into the economy. that could be a hiccup for the bopped market when it happens. you know, two, three more really good jobs reports and i think the fed might have to be in a place where it's starting to talk about the bond-buying program and that's the first step of the fed pulling back that the market is going to wake up to. if we are going to see it, it's going to be subtle at first because jay powell remembers what was called the taper ta

liz: jon hilsenrath, the mention of the word inflation. bank of america scrubs and twitter and tries to figure out when we start to see increases. they have been looking for all of the conference calls for earns, and the number of mentions of inflation have jumped, have tripled and are hitting the highest level since 2006. you've got campbell's soup, kraft all saying we are seeing higher material costs here. >> yeah. you know, it's a complicateed issue, and i kind of think the economy right now and all the indicators it's spitting out is like think about a patient on an emergency room table after she has a heart attack. you've got these ekgs and signals flying up and down, and, you know, we had a major shock to this economy last years which is kind of like that ekg going way off the charts. and, you know, i think we're going to be feeling the after shocks of that for the next several months. and the patient isn't kind of normalized or stabilized. we are going to see some pretty wacky things going on with inflation i think for next year. bu