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President has a concern.but he absolutely respects the independence of the fed.the market expects interest rates to keep going up, the only question is how far and for how long we think the fed will be very careful in managing the economy. >>chris: in fact, isn't it responsible as the economy heats up. when we've had these artificially low interest rates when the economy was chugging along at 1-2 percent. isn't it responsible for the fed to increase interest rates? >> i think it is in the market expects it. it's been targeting two percent inflation and with two percent inflation, we have to ha...

President has a concern.but he absolutely respects the independence of the fed.the market expects interest rates to keep going up, the only question is how far and for how long we think the fed will be very careful in managing the economy. >>chris: in fact, isn't it responsible as the economy heats up. when we've had these artificially low interest rates when the economy was chugging along at 1-2 percent. isn't it responsible for the fed to increase interest rates? >> i think it is in the market expects it. it's been targeting two percent inflation and with two percent inflation, we have to ha...

Americans are captivated by this. regardless if you're a republican or democrat, you should be cheering a higher gdp number. it's the biggest data point that we can look at to see how well the economy is doing. so 4.1% is very good. >> neil: robin, if you are looking at if political landscape here, this is the one thing that republicans keep falling back on. the economy is chugging along at a nice clip. they think it will -- not necessarily 4%, but strong enough to be again, the most robust since the last time the moon was this close to the earth. i'm not giving up. you think that something th...

Want to build a new plant let's let them expense the stuff. there is things to be done to add more momentum and -- to take the momentum to another level. it's possible. >> jon: as you point out the economy is chugging right along. >> it is going remarkable. it is something that cannot be denied and i just want to see it keep going. >> jon: charles payne host of "making money." >> sandra: some of major league baseball's best sluggers showing their stuff in last night's pre-all-star game home run derby in washington hometown hero was the favorite. how did he do? that's next. this is a story abou...

This was just scott pruitt being too much of an albatross around the neck of this administration? >> this is a change of getting scott pruitt ousted completely or as much as possible from the trump administration and his to-be successor andy wheeler as far as i can gather, is set to take upon himself a very similar policy agenda as scott pruitt did. so for people, especially liberals who had been concerned about the deregulatory regime of the trump era epa, they can expect that to keep chugging along apace without the -- all the baggage of all the alleged corruption and ethical lapses. >> that...