we have antonio garcia pascua with us. i spoke for about half an hour to governor kuroda, and he says for the moment we were not overly worried about and inflation-- about expectations. he said he is not looking at negative rates. so what happened? is reallyhink it fascinating. you look at the first part of january, and what do you get? time and timeing again, "i am not thinking about the negative rates." the last time he said it was the morning before the ecb meeting where we are finally going to do some more. he speaks again, he spoke to you, he spoke more generally and almost, he talked about how they may do something more, but he did not say they would do anything on negative rates, so it does feel that the moves he has been making here is in part a reaction to what happened last november. francine: i've always been told that if you are going to play divergence this year, forget said, ecb, because it is overdone -- everybody knows about it. but the best i've urgency -- div ergency was between the ecb and the doj. simon