claxton it is the ecb recalibrating -- if they decide to reenter quantitative easing, what do you takey from that? >> all central banks are responding to the fact they have economic conditions changing. in the european union, conditions have slowed quite a bit. that requires central banks to take action every they are doing that. we look at our economy and see how factors affect us. we have to take decisions based on what we see the economy every aquatic -- economy. >> the more central banks do, the more markets one is. is this the new normal? are moving day today. they are finding their own footing. some of that is based on the outlook they have for the economy. some of it trying to figure out what is coming next. marketdo is i take information, financial conditions more generally, as an input. being tighter or softer, would influence how well supported growth is. not a determining factor in my decision-making. compelling conversations coming up in bloomberg best. -- sharing perspective on the streaming wars. plus, exclusive interviews from china on the impact of trade wars. a top off