Minneapolis Fed president: 'I'm confident that we are going to get inflation back down to 2%'

there could be some uh erosion of the belief in the Fed's commitment to the 2% target. Um h how much should we worry that uh you guys are cutting rates while you're away from your target. And not only that, for don't forecast you hit your target until 2028.>> Well, Steve, I don't see the erosion yet. Thankfully, it's not there in the data, but it's something that we need to work extra hard to explain to the public why we're making the actions that we're making, why we're cutting rates right now in light of ...