we will talk to richard clarida about the language of this federal reserve.ow do markets adapt to our total fixation on every word, indeed every syllable from the chair? dr. herro's chief investment officer at harris associates. not much fun yesterday. do you care what janet yellen says? david: clearly, she's in a policymaking seat. the monetary policy she's presiding over is important, especially when you look at exchange rates. we have seen for a long time ever we tolerate it certain to strengthen. tom: you are consulting at harris associates today. are you going to tell mr. herro that he will see currency disruption and interest rates up to his eyeballs? richard: other than the fed everyone is you -- is easing policy. we are not really in a currency war, because the u.s. is not resisting the stronger dollar. we've had big moves against the yen and the euro, but so far not a currency war. may a skirmish or ping-pong match. olivia: the rocket allegory that we apparently like to use about the fed, did you hear jenny ellen countdown -- did you hear janet yelle