This is it crunch time for the Fed, they cannot talk of rate cuts now, the Dollar is very vulnerable down here. A collapse in the Dollar would be horrific, it would set off a chain of events that could topple our economy. Fed must act on the Dollar weakness. Commodities are soaring copper is right back near it's highs, crude is climbing, hurricane season is upon us soon. The Fed needs to take action. I am sure someone will say the bond market is not signaling a rate hike so forget it, to hell with the bond market.