Powell: Oil shock 'part of' higher inflation projection for 2026

Is the higher inflation pencileled in here for 2026 solely the result of the oil shock or or or something else. >> So that's going to be part of it. Uh but you know that wouldn't be most of core, right.So the oil shock for sure shows up here. Some of that will be in core as well. Yes.But no, there there's also just just the the the feeling that we haven't seen um you know the progress that we had hoped for on uh on core goods uh and on on tariffs and on the rest of it. You know, we've we've so for whatever ...