Strength of the us dollar   stance: we need to keep interest rates low:
Actually this is a good thing for the economy in the long run. China has been keeping its currency really low so that it can continue to provided really cheap goods to the US. If the Dollar gets low enough in comparison however, Chinese goods will become more expense hurting American consumers in the short term but ultimately strengthening the domestic market for US producers.
But it will get worse before it gets better.