Ewald Nowotny, a council member from Austria, was quoted on Monday as saying that the ECB was keeping its options open, essentially in "wait-and-see" mode, which did not seem so different to his comments last month that the ECB should be "cautious" and hold back some of its rate-cutting "firepower".
"They're essentially lying in wait for the bounce," Land says.
Just on Monday Mr Christie made clear his intention to seek the Republican nomination in 2016 by creating a political action committee, essentially a campaign-in-waiting. He, like Jeb Bush, the one-time Florida Governor, meanwhile, both saw their putative bids boosted significantly yesterday when the 2012 nominee, Mitt Romney, announced that he would not after all be joining the race.
Essentially, what lies in wait across Lake Erie in Bloomfield Township, Mich., could prove to be this year's most challenging layout, exceeding the difficulty of the United States Open setup at Torrey Pines Golf Course, where Woods and Rocco Mediate tied at one-under-par 283, forcing the 19-hole playoff won by Woods in dramatic fashion.
Here are our favourite from the kids' TV closet: Kevin the Gerbil Kevin was essentially the miserable, unfulfilled spouse-in-waiting to Roland Rat.
Even more frightening, some kinds of naval mines are essentially robot ambush torpedoes that lie in wait until they're activated by commotion from a passing vessel, at which point the mines launch themselves at high speeds toward the target and kill it.
So, some six months in, we're essentially in a holding pattern waiting for the regulatory hammers to come down.
But, Joshua Huder of Georgetown University's Government Affairs Institute said, "they were essentially in a holding pattern, waiting for the Senate to act on Graham-Cassidy".
Analysts have said that much of the panicked selling that gripped Wall Street in October and November has ebbed, and that investors are essentially in a holding pattern as they wait for the next round of grim quarterly earnings and for President-elect Barack Obama to take office.
But after negotiations, camp leaders relented for now and traffic began flowing again to what is still essentially a treatment center in waiting.
The decision, after hours of deliberations, was noncommittal and essentially left the Israelis in waiting mode despite public pressure for immediate action — one way or the other — to halt Palestinian rocket and mortar fire into southern Israel.
