ceo max levchin joins us next. >>> welcome back.fitable expansion and high interest rate environment, that's what affirm says the latest quarter demonstrates. for more let's get over to kate rooney who joins us with the ceo. take it away. >> joining us with a first on cnbc interview, affirm ceo max levchin. great to have you here. thanks for being here. >> thanks for having me. >> i want to start with powell's comments and your reaction to what he spoke about in jackson hole, essentially rates could be longer for higher, talked about a more restrictive policy and inflation still being too high right now. how would that affect affirm's business, higher rates for longer? i just want to get your take on that. >> i think we are prepared for even neutrality, the last 12 months when rates went up at an unprecedented clip have certainly benneen tumultuous an made our capital markets wonder how to price our products clearly. settles the markets down, makes our job a little easier. certainly makes our ability to execute our mission much, muc

max levchin is the ceo and notable move on the stock so tell us how sustainable this is.s this last to the next quarter? >> we released guidance for the next quarter's we feel fairly optimistic as you can tell and numbers. -- you can tell in the numbers. as much as i enjoy the stock market reaction, we are focused on the long-term. our goal is to keep going and it's great to deliver excellent results this quarter and we beat across metrics this year and we will keep doing what we do. we are definitely energized by the growth and in particular the growth of the product we work hard on for quite some time. it's an innovative product is finally showing real signs of stickiness and we're excited about that. ed: we listened in on the call, nothing out of the ordinary. the stock is up 29% so why do you think it is up so strongly? >> if i knew how to predict movements of my own stock or any other stock, i'm sure i would have a different job. i just do software. caroline: a nice answer. talk to us about the fact that consumers in this moment are looking for different ways to be a