Pressure on financially strapped companies. How much would that be offset by the benefits of Lower Energy Prices to consumers . The dollar was weighing on manufacturing, but how long will hat last . There was concern about the difficult to read outlook for the chinese economy and what that might mean down the road for the u. S. And Financial Markets were the biggest concern of all. Almost all participants saw financial conditions sought tighter financial conditions pushing up market volatility. Voting members expressed a range of views about what the impact of that might be. A number of participants noting that the large magnitude of changes in the Financial Market conditions were difficult to reconcile with the incoming information on u. S. Economic development. The economy was stronger than the markets were suggesting. As we know, they punted, holding rates as they were in declining to provide a balance of risks assessment. Members generally agreed, the minutes state, that it was not