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Around a thousand dollars a year. And some very detailed microdata that ive seen on Household Spending patterns aggests that there may be linkage, as you would expect, from reduced amounts that people pay at the pump to other spending, like eating out, restaurant meals and other things. The aggregate data, you know, is spending isg and not as strong as it could be given the decline. And of course, on the other side, it may be that it will take a while and it is something that will slowly strengthen stay low. F oil prices on the other side, we have seen a market decline in drilling inivity, a m...

Saying. Tom the well focus on the i. M. F. Has to be the great phrase of 18 months, madam lagarde, the new mediocre. I dont think anyones changed, francine. Theyre still talking about the new mediocre. Francine right, except the immediate oaker is maybe getting a little bit worse than it was 18 months ago. Lets get straight to plorgs first word. Heres caroline hyde. Caroline another casualty of the panama papers, this time its spanish industry minister. He resigned after giving conflicting explanations to a fund. He initially denied any involvement before backtracking and calls for his ouster ...

In on the markets right now. Ramy. Head over to ramy im going to call the session on to middle because we have going between the red and the green. You can see that we are pretty much at the zero mark across all of our major markets. Less than a 10th of a percent down across the board here. Some of this confusion might be coming from some negativity and positivity from the u. S. As well as around the world. U. S. Factory output from march down. Output upactory and china gdp up 6. 7 , which is on target. Let us also switch to look at right now and the u. S. Dollar is lower across the board agai...

Importance of what is on the table today. It is and i think were going to hear a lot from janet yellen that possibly suggests to us the reasoning behind the pause in march but i think looking forward this is beginning to come down to an inflation question. Tomorrow morning Charles Evans will be on this network and talk about inflation. He cited it as one of the reasons in the past that the Federal Reserve did not move. Black rock puts out a great note advising clients to seek protection and do it through gold. Inflation is the question right now scott. The fed is skeptical regarding the pick u...

Now is probably benefiting around 1,000 a year, and some very detailed microdata that i have seen on Household Spending patterns suggest there may be a link, as you would expect from reduce reduced amounts that people pay at the pump to overspending like eating out for restaurant meals and other things, but the aggregate data, you know, is not as strong spending is not as strong as it could be given the decline. And, of course on the other sigh we are it may be that it will take a while and its something that will slowly strengthen over time if Oil Prices Stay low. On the other side, of course...