Markets tightened significantly in 42 days while Fed held rates steady.

But the bond market's saying many of those same things. And that's why we're seeing a tightening both enominals and in reals. Even while at some level, we haven't done much in 42 days. The markets have done quite a bit. Glad you're in financial times. You seem to have got the family fight year after this meeting. We saw three descents. Could you characterize the arguments that those dissenters put forward? Please tell us a little bit why you weren't persuaded by them at this stage. Thank you. So I guess I shouldn't give you their best arguments. I'll give you some others. So you're right. I asked for a good family fight and I got one.