We think the economy is poised to slow down and that's good news for the Federal Reserve.

They're saying that some further policy firming may be needed, so it doesn't look like the Fed is seeing enough softness in the economy right now to warrant pausing.

It's a good number for the economy. Labor markets are improving, and that increases the likelihood that the economy will remain strong.

It looks like the economy is still quite healthy and the Fed is probably following the appropriate course. The economy doesn't need low interest rates.

The Fed may be looking at oil prices as a reason for the economy to falter and not a reason for it to overheat, so they won't want to raise rates yet,