With Bloomberg you get the story behind the story, the story behind the global birth rate,

behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context.

And context changes everything.

Go to Bloomberg.com to get context.

This is Bloomberg surveillance.

Monetary policy cannot by stimulating create permanent jobs and it can't lift long-run potential

growth.

The central thing holding us back throughout this recovery has been lack of demographic growth and

that's not changing any type

soon. We're creating a boatboat of jobs and we're creating on average over

200,000 jobs per month and that's a lot more than we need to absorb the growth

in the working age population. Bloomberg surveillance, your link to the world of economics. working on

the population.

Bloomberg surveillance, your link to the world of economics, finance and investment on Bloomberg radio. Good morning everyone.

Bloomberg surveillance, Michael McKee and Tom Key, and it's a Wednesday

that important ECB meeting tomorrow.

We will brief you on economics.

Finance and investment in this hour.

The 4X brief this morning brought you by Interactive Brokers, winner of FX Week's 2015 Award

for the Best.

Retail Forex Trading Platform, visit I.B.K.R. com slash forex.

Yen was stronger now it's a churn 1 1276 euro 109 51

...