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One of the reasons for wanting to adjust policy rates higher is that if we do

earn into trouble, there's room to ease.

I think it's clear that we should be expecting further eating for the European

Municipal Bank and we should probably be expecting further easing for the Bank of Japan.

One of the concerns expressed for markets is a lack of global growth and it really is showing up now and

now put.

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on Bloomberg Radio.

Good morning, I'm Michael McKee at 7 a.m. on Wall Street.

It is 3 p.m. in Doha, where this morning,

Saudi Arabia and Russia, the world's two largest crude producers, agreed to freeze output after talks right now.

West Texas Intermediate 2988 is up 1.5%, Brent Crude 3389 is up one and a half percent.

Is that enough to matter?

Michael Cohen of Barclays at 8 a.m.

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