Mike McKee

Productivity down from the third quarter, but still 2.8% for the fourth quarter.

That's got to be something that makes you feel a little bit better.

Austin Goolsbee, thank you very much.

We'll have you back and have a name the data dogs contest.

That's right.

President of the Chicago Fed.

212,000.

That's up a little bit from 208,000, a revised number from last week, but it is still a very low number.

Continuing claims, 1,833,000 down from 1,864,000 the prior week.

And of course, those are a week delayed.

212,000.

That's up a little bit from 208,000, a revised number from last week, but it is still a very low number.

Continuing claims, 1,833,000 down from 1,864,000 the prior week.

And of course, those are a week delayed.

Well, thank you very much.

And we'd like to welcome all our viewers and listeners around the world to Bloomberg Radio and Television.

And we'd like to welcome Austin Goolsbee to Bloomberg Radio and Television.

I want to start with the next meeting and the meetings beyond, because that's the general focus of the folks on trading desks.

Coming out of the last two years, the focus seemed to be on the unemployment rate, on the labor market and cutting rates to get ahead of a problem with the labor market.

But listening to you this morning, it sounds like you're more concerned about inflation, that inflation may have become the primary risk.