seema shaw has just joined us. look, the press conference or the minutes at least, they were a bit more dovish than what the market had expected. the markets is pairing back its bets for a march hike, increasing odds for a may hike. what does fairly soon mean to you? >> the minutes and the testimony, i don't think they quite constitute preparing the market which is what the fed usually likes to do. having said that, it's fair to say march is a live meeting. we have a number of economic data, important ones coming up before the fed meeting with the labor market data, specifically wage growth. so if we do see that coming through and strong inflation, you know, it is not a best case, but if the fed wants to raise rates three times this year, the first half of the year, it's definitely a possibility. >> does that mean we're going back to watching every non-farm payrolls report like a hawk? the next one could be crucial for march. >> i think we are going back to that, but with a slightly different slant with the focus o