dani: should we talk about negative rates like the snb is?m, but they are there and they work. particularly for a country that is really using the currency as their main tool for monetary policy.i don't think the snb will go back to negative rates unless the ecb forces them. think when they went into negative rates last time here the ecb went negative and the snb felt like they needed to respond. that would take not only economic weakness in europe to think about that, but really if you want to call it a crisis or a deep recession, if that comes to fruition i have no doubt that the negative rate to option is there in the european union. they've used it before. lisa: the ecb dropped the reference to keeping rates restrictive in this latest memorandum, the latest rate decision. how big of a shift is that to underscore in their rhetoric, and their approach, when previously they've been talking about inflation is the preeminent concern? sam: i think that everyone knew that they were going back to neutral. the market was already pricing some proba

thursday in europe we hear from the snb in switzerland and from the ecb. the risk to both his they intend to send a dovish message pretty wasn't too long ago we heard from an snb governor that negative rates are still in their toolbox. with the ecb we get their updated growth and inflation forecast alongside their rate decision. the risk is they tend to make a overstatement with both. tom: the doves in the ascendancy as we look ahead to the bank of canada and ecb on thursday and the fed later this month, we will see if the tune changes for the federal reserve, we get the inflation data out of the u.s. tomorrow. our markets reporter with the details, thank you. the rebel group that toppled bashar al-assad looks set to form a transitional government in syria. we will bring you the latest on that story as it continues to unfold. and stay with us for live coverage of bloomberg's women, money & power event convening the most influential voices in finance from around the world to discuss consequential themes facing the future of business. this is bloomberg. ♪ to

and we also get the snb, the swiss national bank in social and, expected to cut as well, but the market is assuming they could be on a quicker path to get towards the easing territory. lizzy: of course we question the value of those ecb forecasts with the uncertainty around the politics in france and germany and those trump tariffs. thank you for that lookahead. coming up, syrians celebrate the fall of bashar al-assad. we will look at the country's next chapter and which regional powers stand to lose out. and we will speak to the ceo of binance richard teng on the recent surge in bitcoin, as well as optimism around crypto regulation. stay with us. this is bloomberg. ♪ >> this is a historic day for the middle east. the collapse of the assad regime. the tyranny in damascus. offers great opportunity but also is fraught with significant dangers. this collapse is a direct result of our forceful action against hezbollah in iran, assad's main supporters, it set off a chain reaction of all those who want to free themselves from this tyranny and its oppression. lizzy:'s rails benjamin netanyahu