Right, the goal is to achieve maximum employment while hitting 2% inflation. I expect unemployment to tick up over 2023(hence softening of the market) but with last month's CPI report coming in lower than expected and the jobs data that was just released, it's looking pretty good. We still have a long ways to go to 2%, but it's on the right track.

Wages are also cooling which the Fed has been worried about wage-price spiraling.