Can you please respond to this? Steady growth and low inflation is a bit of tight rope act for the Fed. Currently, they are trying to thread that needle as trillions of dollars have been dumped into the economy (albeit to replace decreases in consumption and investment spending during the pandemic), which would normally put massive inflationary pressure in play and they do not want to stall the recovery of the economy since the recession in Q2 and Q3 last year. History would indicate inflation has to be the byproduct of pandemic based policies, but how do you do that without slowing down the economy in the relatively early stages of recovery. When one adds the current job market, wherein companies are falling over themselves to find people interested (in major part due to increased unemployment benefits) and yet positions remain open, what comes next is new territory. Earlier this year, the Fed thought we would see transitory inflation due to the stimulus enacted in 2020/2021, but now they have changed their tune a bit. If the $3.5 trillion infrastructure bill passes, you can expect to see inflation take hold for a long while.