Also:
US Senior Official says Putin moving “peacekeeping forces” to Donetsk & Luhansk regions of Ukraine may not trigger "swift and severe" sanctions. Says that Russia has had forces in the Donbas for the past 8 years”
Meanwhile UK PM Johnson is MUCH more hawkish:
UK government to hold a COBRA meeting tomorrow at 0630
It would appear western allies are being split in their response. Putin has been moving incrementally, he'll be assessing this split response and it'll inform his next moves.