We continue to make good progress on bringing inflation downWe're strongly committed to bringing inflation down to 2% over time but we stress 'over time'There is some confidence that lower market rents we're seeing will show up but there's uncertainty on the timingThere will be a combination of lower goods and services inflation bringing inflation down to 2% sustainablyThe risks are really two-sided nowOn the January PCE and CPI reports, we have reason to think there were seasonal adjustment effects thereIf you take Jan and Feb together, I don't think the story of bumpy but lower inflation is unfoldingI don't think those numbers add to our confidence that inflation is coming downI don't thin
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