The Consumer Price Index. The Consumer Price Index. And the economy has been so strong that the notion is any evidence that we see that inflation is picking up is going to be enough to trigger the Fed. They're going to decide enough is enough. What is remarkable about the U.S. inflation data is how under control the inflation outlook really seems to be.
Core inflation continues to slow.
In 1999, the real two inflation stories were oil and tobacco. Tobacco prices rose because of the tobacco price agreement that occurred late in '98 and '99. Factor in those special factors, core inflation is really under control. The problem for the market now is that they are walking on eggshells. The concern is that if we do see some sort of a trigger for the market and the concern was perhaps the December employment report would be that trigger, the Fed is going to move.