Im Brian Sullivan and power lunch begins right now. And welcome to power lunch. S p and nasdaq in danger of posting their first declines in eight sessions. Its not just amazon hitting new highs. Carnival trading at alltime high levels back to its ipo in 1987. Netflix and 3m also at record levels. Im becky quick. We begin with breaking news from the Federal Reserve and steve liesman, we meet again. Reporter brain ard with some very interesting comments saying the rate hike is likely appropriate to happen soon and reduction happening soon as well. It should be on autopilot. Its her comments on the issue of full employment and slowing inflation saying they are at odds. Slowing inflation could prompt her to rethink her view and her forecast for additional rate hikes. She said recent data has been lower than expected and theres little sign of page inflation heating up. Inflation numbers are moving away from her forecast. The trump tax cuts could equal 2 in the first few years but most of th