joining us is veronica clark, an economist at citigroup. i do not know why the egg story is so interesting to me. veronica: those are the prices people have been experiencing, we have seen headline inflation come down. so the out-of-pocket costs people are experiencing are coming down. if you look at some of the details, underlying core inflation still seems very strong, too strong for the fed. jon: against the backdrop as we await the fed decision tomorrow, what is the language the fed has to share with the market, assuming the pause happens? for a make the assumption, do you think the fed is getting ready to pause? veronica: we are may be the only people left thinking the fed will be hiking tomorrow. it is a complicated meeting, one of the most complicated we have had in a while. tomorrow they will up to economic projections, lowering the unemployment rate forecast, raising inflation. i think everyone is expecting a data-dependent fed, which means rates need to be higher. they will tell us where they think rates will be at the end of the y

on the events, veronica clark on citigroup. good morning. bridgett is here. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, and once-in-a-lifetime. tom: "bloomberg surveillance," jonathan ferro on assignment. a lot of mystery about that. it's like a british thing. lisa: it's not a mystery, he's on vacation. it's a good thing. tom: it's like a sabbatical. have you ever had a sabbatical? lisa: i have not. i've been working since i got out of college. tom: we should work on that. lisa: go on a collective surveillance vacation. tom: three of us take rolling sabbaticals and look for that coverage at 9:30 a.m. what will it be like? they show up and this is leading the way and they were really kill themselves not to say anything, right? lisa: i feel like job -- jay powell sit there pretty and say we've got it under control and soft landing and disinflation and good things blah blah blah. then ecb's christine lagarde will say that is not where we are at, we are