good news for people like bruce kasman, euro-dollar and oil churning. sachs and morgan stanley are most unsure what the fomc will do. us frome kasman is with jpmorgan. i want to get to vietnam but i have to follow up that introduction. do you agree that the fed could delay until september? >> it is a close call what they do. we are on the september decision and we will see some information today but we think the domestic economy once the fed to raise rates and there are a bunch of which maynal issues be on their mind and give them a reason to ponce. tommy what this is all part of the harder game. but the backdrop is a new bout of no inflation. >> that is a question for the fed. the labor market has pretty much met their mandate so do they worry about inflation? >> you had a chart in the last hour that showed interest rates and inflation going way down but consumers in a number of different surveys with they think of inflation and they have been remarkably stable so at this point the fed doesn't see the drop in oil prices working to inflation expectation