Kai Ryssdal

To be clear, inflation expectations aren't showing that yet.

If you look at measures of long-term inflation expectations, they're hovering in the neighborhood of 2%.

2.3%, to be precise.

That's according to the Federal Reserve Bank of Cleveland, pretty much where the Fed wants it to be.

And so

Fed credibility is what that is.

Yet another thing that we talk about all the time on this program.

Special thanks to Brian Blank at Mississippi State University, Kara McDaniel also at Arizona State.

In the very early hours of March 26th, two years ago, a container ship hit the Francis Scott Key Bridge over the port of Baltimore.

The bridge collapsed.

Six construction workers were killed.

The city and the harbor lost an iconic piece of infrastructure and the region lost a key piece of interstate highway.

On an average weekday, more than 38,000 cars and trucks cross the Key Bridge on Interstate 695.

It is being rebuilt, not going to be done, though, until late 2030, fingers crossed, which means that until then, as Marketplace's Stephanie Hughes reports, commuters are going to be feeling it.

Before he leaves for his evening shift at the Port of Baltimore, Dave Coslin checks to make sure he's got all the necessary gear.

71-year-old Coslin is a longshoreman.

He works as a line handler, which means he attaches rope to the cargo ships coming in to dock at the port.

And he's itching to get there.

Let's go take a ride.

Coslin lives in Severn, Maryland, to the south of Baltimore.