Inflation object target. It has put a rock under the kiwi dollar, sending it down 48 pips. Im looking at the crosses. 64. 7, 64. 8 u. S. Cents. We were looking for 25 basis points. The wiggle room being created by the Federal Reserve and despite comments from wellknown and of Jimmy Bullard who had suggested they take into account the , he turned aors bit hawkish. David they announced the inflation reaching 2 in the fourth quarter, Second Quarter of 2021. Fourth quarter of that year. They are pushing a goal back. They said this larger initial stimulus, frontloading it. They not only cut, they delivered a larger cut, taking the cash rate to 1 , which should be the lowest on record. Kiwi dollar, headed down. Give or take 1 . Rishaad lets look at the overall markets because that should give a semblance of the Way Investors are looking at all this. Shanghai, up a little bit, it is green. Hang seng down and extending losses we havent seen since 1984. This is a position we have. U. S. Shares