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He talked about a whole lot of other things, too.

And NPR senior White House correspondent Tamara Keith is here to help us decipher what the president had to say.

Good morning, Tam.

So did the president have some new message or some policy prescriptions for Americans who are upset about the high cost of living?

Okay, that might be true.

Stock values are up.

But a lot of people, actually more than a third of Americans, don't have money in the stock market.

So how is the president squaring the sour mood that voters are in with his pitch that he has ushered in a golden age for this country?

And how does he respond when confronted with those concerns?

That is NPR's Tamara Keith.

Tam, thank you.

The Federal Reserve is expected to cut interest rates today, but the path to that decision could be bumpy.

NPR's Scott Horsey is with us now to tell us more about this.

Good morning, Scott.

So why do forecasters expect a rate cut today?

So that's the argument for cutting rates, but it sounds like it's not a slam dunk.

How unusual is it to have this much division on the rate-setting committee?