inflation our country has seen in years. cheryl: this was baked in and you saw market reaction yesterday, had a strong day. as expected, the fed did raise interest rates by half a point as soaring inflation continues. press conference, fed chairman jerome powell saying more rate hikes are on the way. inflation is much too high, we have tools we need and resolve it will take to restore price stability on behalf of american families and businesses. raised policy interest rate by half a percentage point and anticipate ongoing increases will be appropriate. cheryl: dr. kevin roberts reacting with both of you last hour. my wife and i say to our kids, money doesn t grow on trees, the fed has been making money grow on trees, 4.6 trillion dollars. that will come home to roost and