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make-it-ain-forward-looking statements which may not be realized. Good evening. This is John

Bachelord. Tonight, I speak with Joseph Sternberg of the Wall Street Journal Editorial

Board. He writes politically economics, he based in London, and Elizabeth Peek of the Hill

and of Fox News. And I speak to them on the concern that the Federal Reserve right now has one more

hike of the interest rates in its pocket, perhaps between now and the end of the year.

But that the economy is stutter-excepting. In fact, the Wall Street Journal points to the

fact that the American people, especially the young people, with household formation in mind,

that means buying a house, getting cars, keeping jobs, and bringing in children. They're struggling

with the high interest rates for car payments, for mortgages, and now the school loans that burden

so many of the young people of America. And I asked, is the Federal Reserve listening?

These hikes, these dramatic changes from three percent mortgages two years ago,

to seven percent mortgages and higher now, are weighing on the ability of the American people

and certainly challenging those with full-time jobs who are already exhausted.

And now they see their money going not very far, and their mortgages

wearing out their ability to pay them. There are not many houses for sale to begin with,

and those that are for sale are extremely expensive. It's the Federal Reserve watching.

Elizabeth Peek and Joseph Sterber have good answers.

Joseph Sternberg observes that the Federal Reserve seems fearful of growth, growth is a good thing,

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