 little more evidence that inflation is cooling. Officials will want to see more before cutting rates, and we expect one, maybe two cuts by the end of the year. In my weekly note and podcast episode to clients called Sightlines, I talk about market rates and cash yields, which are elevated. Now, we all have a recency bias or a sense that these rates may stay higher for longer, but when the Fed starts to cut rates, these yields can fall. So while there's no rush, this is a good time to start to realign your current cash investment with your needs and long-term strategy.