extent to which it acid -- and what sort of obligation you feel, if any, to make life easier for the epb, the bank of japan, and many emerging market companies struggling with some of the issues we struggled with not that long ago. janet yellen: with respect to the impact of the dollar on the u.s. economy, i do not have a quantitative estimate to offer you but i certainly expect net exports to serve as a notable drag this year on the outlook, but remember you have to put that in context. a lot of things affect the u.s. outlook and while that is serving as a drag on economic growth overall, the committee continues to see a sufficient strength, particularly in private spending, that we are expecting above trend growth, even so. with respect to our neighbors we look very carefully at what is happening in the global environment. we realized that our own policies affect performance in the rest of the world and that performance in other countries have some influence on us, so we spent a good deal of time discussing global developments. it is important for us to keep our own house in order to p