again nextave fisher week. >> currently, markets are pricing at 41% by the end of the year. does that sound right to you? >> i think that is on the low side. i don't think that if janet yellen was looking at our terminals, she would be happy to see the chances of rate hikes diminishing. >> she has definitely been watching that all day. >> i don't know specifically, but the fed wants to reserve the option to raise rates later this year. that does not mean a commitment, but they want the option on the table. if it sinks to such a low level, they don't want to shock the markets. they want to keep that hovering around 50%. >> just to recap from janet yellen's speech that she has yet our judgmentsg, about appropriate monetary policy will change, she said. this is text that she will be giving. anticipates conditions will entail an initial increase later this year, inflation should return in the next two years. what do youd -- think it would take for them to hike this year? should it be a financial condition, or should we be more looking at global economies? what is the one thing t