The ECB delivered in December, and they're going to deliver another rate increase in March. My personal hunch is the rate goes to 3 percent.

Even with this proposed rate increase, we believe we deliver an excellent product that our customers depend upon at an exceptional value. One gallon of our tap water still costs less than one penny. Compare that to the cost of a gallon of bottled water, milk or orange juice.

Holding the rate in December was just a pause.

I think this puts the odds of a rate increase at their June 29-30 meeting at about 50 percent.

But on the issue of the increase rate and the base number of the increase, the U.S. has made more compromises,

I delivered seven babies. My goal was to deliver a set of twins, but I never got the chance.