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Bruce Kansman, chief economist and head of global economic research at

J.P. Morgan joins us now for more. Bruce, let's talk about this.

The Fed decision today, with expectations high, we get some kind of guidance about maybe a March

rate cut at the same time on Friday we're looking for payroll's growth still close to 200 k. How do you

reconcile those two things Bruce? Well I think what the Fed's going to do today's

open a door but basically tell us it hasn't decided when it's going to walk

through it and I think there's a story here about inflation coming down that's

...