buy houseseople to and cars earlier than they otherwise would read you make an investment now because interest rates are temporarily low. you make expenditures you might not otherwise have made. when we lower interest rates, we make the cost of debt lower. re morelds and firms likely to be leveraged. we have to think about the financials debility characteristics. want households and firms to be leveraged. as you look ahead to the september meeting, the question of cutting rates again, it will be on the table. are you watching the consumer closely as something that would tilt you not forward waiting to see but sane, no, i am on board? watching a number of things. consumer confidence is weaker. that is something i am paying attention to. the retail number was strong. we will have enough consumption it is going to bolster gdp. i'm going to pay attention to concerns. brexit coming up in october. there are problems that could spill over. plenty of things to be worried about. i think we cannot be determining monetary policy too far in advance. forecasters expect reasonable growth. yes, bond