the hike could be enough to calm investors but is that going to be enough if we get a hike from the central bank to address those imbalances you were referring to? they a to add a fiscal leg. there is a huge account deficit. which means they need to import a lot of capital. tot, ultimately they need accept the economy will slow a little bit and that will help calming some of the markets. punch response rather than just the central bank. nejra: what is the most interesting thing out of the ecb meeting, is it the forecasts for growth and inflation? the ecb cannot agree on what summer means. is already uncertainty there although i do not think they will change their forward guidance but growth is their biggest concern. if you look at their forecast, they were looking at the