That there was speculation about a package of measures that had never been up for discussion. But prior to the start of the quiet period you and Mario Draghi gave pretty hard-hitting speeches which made the markets feel euphoric. Why didn’t you quickly try to correct expectations? You shouldn’t push expectations management too far.
4 The strength of the recovery despite the unprecedented challenges associated with COVID reflects powerful fiscal and monetary support and the resilience of American workers, businesses, and households. Delta has also slowed progress on employment.