Trade Tempers Cool, Carney Talks, Poles Shun Emigration: Eco Day
(Bloomberg) -- Good morning, Americas. Here’s news from Bloomberg Economics to help get your Tuesday started:
- Tempers are still cooling around U.S.-China trade disputes, and keeping the peace with North Korea might have a lot to do with it
- In testimony to lawmakers, Mark Carney pushed back against the Bank of England publishing a more explicit forecast for interest rates as he defended his current communication tools once again
- The BOE governor also said that British households are about 900 pounds worse off than they would have been without Brexit
- A record share of Poles, once among the most mobile workers in the European Union, has decided against emigration, choosing instead to ride a domestic jobs boom as labor shortages mount from Germany to the U.K.
- A revision to the Nafta deal is running up against an end-May deadline, but it’s still unclear whether the three parties will beat it, with disagreements over autos lingering
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