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Welcome to the Eric Erickson Show podcast, Hour 3.

Hello, America.

Welcome.

It is the third hour of the program.

I have news for you.

The Federal Reserve saying that unemployment remains remarkably low.

The Federal Reserve has been meeting.

The Central Bank forecasts a concern of stagflation.

This is happening right now. The Federal Reserve is expected to be a little bit careful when it comes to interest rates.

The news is literally happening right now as I come back on air.

And the Fed is concerned about the issue of stagflation.

Jerome Powell has a press conference at 2.30.

And their statements and what we might expect with interest rate policy, the Fed is expected to, well, yep, there it comes, just seeing the wires. They're

holding rate steady, but expect to cut twice this year. So happening right now as I come

...