predication

At the time, Glapiński argued the cut was justified based on the bank’s expectation that inflation would fall over the coming months — a predication that has played out, with inflation down to 2.8% in February.

Raymond N. Hulser, a prosecutor in charge of the public integrity section at the time, told Mr. Durham that the Washington case that was based on the book lacked predication.

“That revealed that there was no predication to start the Russia investigation because Steele couldn’t back it up,” Mr. Baker said.

Federal prosecutors mostly do proactive investigations where there is adequate predication and then we start in a very leisurely way.

There is adequate predication for the Treasury Department, the FEC and the Department of Justice to take a look.