with kathy matsui. thank you for joining us. good news on the core number.ld take heart with this, i presume. does it in -- does it embolden you in any way? i think it is pretty much in line with market expectations that inflation is gradually coming out of the woods. we are beginning to see a little bit more green shoots appearing on the income and wage front. the level of gains are still muted. directionally, this is what we had been anticipating. over the medium-term, it is a good sign for the market and economy. manus: you mentioned wages. this is the global phenomenon, isn't it? unemployment rates are at reasonably low levels. weightlessalmost ess economyagel rising. i am talking about bank of england, the fed, along with the ecb. bank of japan still fully engaged to the end of the road da's term? koru kathy: i think so. place,mework they put in which is qualitative easing with the yield curve control, is probably going to remain as is for the foreseeable future. going back to what i said earlier, it is not as if wages are stagnant. you think about the