How do you think this might impact the outlook for rates going forward now?

Yeah, no, it's a great question and we'll get our first taste soon and see ultimately what happens.

I cannot predict with precision what is ultimately gonna happen at the June meeting or beyond.

One thing I think if you take a step back and say, this is more of a kind of a positive view, there was a lot of uncertainty coming into the Fed chair announcement and whether it'd be political influence on the Fed.

And we knew that the administration wanted rates lower.

And basically the assumption back then was he's gonna put somebody in that's ultimately gonna lead to lower interest rates.

That actually story and narrative has shifted over the last six months with inflation now higher.

it.