 With the Fed's focus on inflation, what update do we have from them? Well, this week we'll see the minutes from the last Fed meeting, so we'll see the details of policy discussion and inflation. Recall the Fed hiked its funds rate and has kept that rate elevated for some time, all to try to rein in inflation. And as mentioned, while inflation has fallen recently, it's not yet back to the Fed's 2% target. The Fed wants to see sustained, improved inflation, and until they do, they have said they'll keep rates higher for longer, a headwind to the economy.