Baby hype is at fever pitch as the world waits for Kate to give birth to the royal heir with her husband Prince William. Be at a girl or a boy will this baby ever be the head of the Royal family as a King or Queen?

The royal baby, which is the first for Will and Kate, will be the third in line to claim the British throne. The Queen, at 86, is still actively performing her duties as matriarch of the family with her son Prince Charles next in line and then Prince William.

But this baby is expected to boost not only morale in the U.K. but also the economy.

We sat down with reporter Rebecka Schumann to discuss the baby and where in the succession it stands once born.