Jonathan Ferro

I hope so.

Given the recent price action, I wish I was funded in sterling.

But given this is my 10th year over here, I'm still funded in dollars.

Your review's over.

Okay.

Thank you, sir.

Thank you, boss.

Let's get to Diane Swonk of KPMG.

She joins us now.

This news conference starts in about seven or eight minutes time.

Diane, welcome to the program.

What are your questions for Chairman Powell when this news conference starts?

Dan, I think we have to say, and I'm sure you share this sentiment, if any of us gets a tax refund, it's paying the energy bill over the last month.

Thank you, Dan Swonk, weighing in on the Federal Reserve and a backdrop for the economy.

I think we just take a beat with the two and a half minutes we have left.

What Dan Swonk just said there, that we could have an economic boom and a payrolls recession.

Now, I know this sounds a little bit philosophical, but what on earth is a boom if we have a payrolls recession?

Tom, the biggest risk to the GDP growth we've discussed over the last 12 months are the populist remedies the White House might introduce to try and correct the K. One of those issues we've talked about for the last few months, the last month or so, has been the introduction of a cap on interest rates on credit cards.

That could have the complete opposite intended effect of chilling financial conditions, of tightening credit availability.

And they're the kind of things at the moment, this administration, TK, they're the kind of things they're thinking about.