Europe's Defining Moment, ECB Loans, Trade Impasse: Eco Day
(Bloomberg) -- Happy Friday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your day started.
- EU leaders need to redouble efforts to lift living standards as populist movements question integration, IMF chief Christine Lagarde said, as Austria’s statistics office became the latest institution embroiled in a lingering battle with populist politicians
- High-level trade talks between the U.S. and China were set to wind up Friday in Beijing, with time running out to reach an agreement that would avert an increase in American tariffs on Chinese goods by March 1
- Economists are pushing back their Bank of England predictions, meaning it’s a close call whether Governor Mark Carney will manage another interest rate hike before he leaves
- The central bank chief in western Europe’s biggest oil producer warned Norwegians against prematurely killing their main source of wealth
- The European Central Bank could consider opening its next round of longer-term loans for banks to include mortgage lending to prop up consumer confidence in the euro area, according to Societe Generale SA
- With the Fed set to review its monetary-policy methods later this year, the most likely outcome is it will keep turning to quantitative easing during slowdowns, Deutsche Bank says. Fed Governor Lael Brainard said she favors ending the process of shrinking the balance sheet in 2019. Here’s a summary of recent remarks by policy makers
- Japan’s sales-tax increase, due to take effect in October, may be delayed a third time if there’s a global downturn, ex-Ministry of Finance official Kazumasa Oguro said
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