they have given -- nandini ramakrishnan is with us. they have given us some guidance.tial for forecb to a knowledge the ecb to a knowledge maybe a slightly better picture, a more optimistic view of the second half of the year, perhaps the u.s. booming in terms of the current growth picture, maybe has a spillover effect into europe, acknowledging yesterday's big decision, meaning the eu and the u.s. on trade. it could be a little bit more positive than expected, but overall, you are right. there is not too much of a market moving development that we would expect from the meeting today, other than perhaps continuing to and the size the plan, which is reducing qe toward the end of the year, and the interest rate may be in the second half of the year for the latter part of 2019. alix: i am glad you brought that up, because i have been joking all morning along about what the definition of "summer is," leading to interpretations as to what "end of summer" meant. some are thinking end of september, summer thinking august. is that an important conversation? nandini: it is, as