Down to where is acceptable And then what happens Have we changed inflation dynamics in an inflation regime Well we're aiming for our long run goal of 2% Now if the question is will it take some time to get down to that level Yes because we know that inflation can be persistent And we have supply constraints that even though everyone hoped that they would be easing or not easing and there's upward risk to inflation So it will take some time I don't expect we're going to get inflation down To 2% this year or even by the end of next year But we need to see those monthly numbers moving down in a convincing way I'd have to see compelling evidence that that's happening before I would want to say that we can ease up on what we're doing with policy in terms of taking away accommodation and perhaps moving above the neutral position We're speaking with Loretta mester the Federal Reserve bank of Cleveland president here on Bloomberg radio and television If inflation starts to come down but not very quickly and unemployment starts to rise are you stuck on the horns of a dilemma Well you know policy making is always complicated and difficult and everyone goes into this meeting looking at those exact kinds of questions At this point inflation is just way too high The longer it stays at levels this high the more risk there is that inflation expectations in the longer run inflation expectations will move up And then I'll just make things much harder to control And so you know I'm really laser focused now on that inflation picture and making sure that there's convincing evidence that it is on a trajectory to move down and that.