Anna the collapse could be the industrys lehman moment. Welcome to the program. It is 5 00 in london and i am anna edwards. Anie and im angie lau. Welcome to bloomberg markets. You side, the u. S. Markets reacted to one fed governor sounding more hawkish on friday. From brainerd, who is a dove, ahead of this silent period. And she moved the markets as well. Anna the markets where primed to find out how dovish she would be. Will she stick to that script and she kind of did, didnt she . Some of that is wearing off in the Asian Session a little bit, isnt it . When we look at the u. S. Future picture, it looks a little bit less bright. So, lets listen to what brainerd had to say, talking about less urgency than others at the fed, and talking about the need for patience. The extent that the effect on inflation of further gradual tightening and labor Market Conditions is likely to be moderate and gradual, the case to tighten policy preemptively is less compelling. Anna making the case theref