How did you approach the committee meeting just last week and what was the argument for 50 basis points. So I approached it the same way we approached the first one, which is that I think that the Fed is too restrictive. I think that neutral is quite a ways below where current policy is.And given my rather more sanguine outlook on inflation than some of the other members of the committee. I don't see a reason for keeping policy as restrictive for a long period of time as we are. The longer you keep policy r ...