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On the program today, the economic week that was, of course, will do some bank earnings too, and it's all going to be solar power. From American public media, this is Marketplace.

In Los Angeles, I'm Kyle Rizal. It is Friday today. This one is the 13th of October. It is always to have you along. Everybody. This has obviously been a very big news week in areas not business and economic. And we are mindful of that. But there are five days worth of happenings in this economy to discuss. So we will.

Do you have a smile like, is it the New York Times, Amara Mokwe? Is it the Wall Street Journal? Hey, too.

Hey, Kyle.

So, Amara, let me start with you. We got some inflation readings this week, consumer prices, producer prices.

They were, you know, steady-ish. In fact, Kristen Schwab, the historian for us the other day about the groundhog dayification of inflation news. It all seems to be running together and generally the same. And so here's my question.

Does it feel to you like we are stuck here with inflation where it is right now, despite the Fed's best efforts?

It feels like we're a little stuck. It feels like, you know, the report, the consumer price index report that came out yesterday, the response was basically like, and not a bad report, but not as good as you would have hoped, right?

And you saw a lot of economists using words like choppy and bumpy, basically sort of reinforcing this idea that yes, the Fed has made a lot of progress in bringing inflation down from where we were last year.

But, you know, it's not necessarily going to be smooth sailing to get to target target again being 2% and we're, you know, somewhere above that.

Gina, let me ask you this. Neil Kashkar, the president of the Minneapolis Fed said this week, words of the effect of, you know what? Maybe the bond market is going to start doing some of the heavy lifting for the Fed and the Fed won't have to raise again.

Could you number one explain what he meant? And then number two, why do you think he said that?

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