Somewhere 1. 4 but the mixed signals are there. Because the Unemployment Rate is at 3. 5 . The lowest since 1969. Wages are rising. Still on the uncertainty, specifically, trade, and the Global Economic slowdown, companies are basically frozen with what to do with the money. Theyre sitting on a pile of cash but waiting for some of that trade uncertainty to sort of shake itself out to figure out where they want to invest cash going forward. That is what the Federal Reserve is trying to figure out for long term assessment of the economy. One of the debates going an inside the Federal Reserve with chairman jay powell. I interviewed, exclusive interview with tom barkin, president of the richmond fed. He said that inflation, or the prices are low. Inflation is low, because of the trade uncertainty. Listen. Whether it is transparency on the internet, big box retailers, the power of their purchasing departments theyre very nervous about the ability to pass on prices. When uncertainty is high,