toughjob ahead, what nygaard and her team have a tough job ahead, what will they say today, do you? i tough job ahead, what will they say today, do you?— say today, do you? i think they will say they — say today, do you? i think they will say they need _ say today, do you? i think they will say they need maximum i will say they need maximum flexibility, it is a horrible situation for everyone, it is a very complicated situation for the cbd, inflation has increased, projections show inflation will be higher for much longer, should the central—bank hike interest rates in a situation characterised by huge uncertainty, i don't think so. the macros three —— the cbd will say they want to change monetary policy but they will try to give maximum flexibility.— try to give maximum flexibili . ., ., flexibility. how concerned are ou flexibility. how concerned are you about _ flexibility. how concerned are you about what's _ flexibility. how concerned are you about what's ahead - flexibility. how concerned are you about what's ahead for. flexibility. how concerned are l you about what's ahead for the global, not the global economy but the european economy. we could get stagflation with high inflation, low growth, some even saying some key economies could go into recession? i