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From the opinion pages of the Wall Street Journal, this is Potomac Watch. Is the battle over inflation over? That seems to be the verdict of financial markets this week

after the Federal Reserve signaled interest rate cuts are ahead

as early as the spring of 2024.

Is that the right conclusion about inflation and the forecast?

Plus the big annual climate conference ends this week in Dubai with nearly 200 countries agreeing to a transition away from fossil fuels.

But what does transitioning away from fossil fuels really mean and is any of it likely to happen will separate the hype from the

reality. Welcome I'm Paul as you go with the Wall Street Journal editorial page and I'm here

with my colleagues Alicia Finley here across from me in our

studio and Joe Sternberg from London Joe how are you I am well Paul

thanks for asking let's start with the big economic story of the week,

which is the Federal Reserve decision.

In the inference that markets are taking

that the Fed is signaling that inflation has been all but conquered,

...