let's talk to randy kroszner. randy, it's great to have you back.acker says it's down the middle of the fairway. is that how you saw today? >> i think that's right. it's going to be -- it's going to give enough support for people who say the economy is coming back. let's go ahead. and it's also going to raise enough questions for the people who say oh, we'd better wait that they're going to say we need to wait. it's going to be an interesting discussion in a couple weeks. >> yeah. we just had a discussion with d diane swank who made the point. it's not just about the presentation of recent data but the forecasts including the downside risks to a slow down in china. how dark is that view and how much does it move the table? >> it's something that's going to be very important in the discussions, because it is all about the forecasts. stan fischer was very clear at the jackson hall meetings that, for example, about inflation. it's not where inflation has been. it's where it's going. some people are going to say, well, these clouds are really darkening