The market isn't so sure things are slowing down, which is why these reports will be important. I do think it's inevitable the Fed is eventually going to have to raise rates to slow things down a bit.
I do think it's inevitable that eventually the Fed is going to have to raise rates in order to slow this economy down a bit. There is a question on timing, and I think whether it's June 30 or not will depend on the numbers that we get between now and then.