More Tariffs, Female Chief Economists, London Exodus: Eco Day
(Bloomberg) -- Good morning, Americas. Here’s the latest news from Bloomberg Economics to get your Wednesday started.
- The U.S. will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, while a Fed survey shows the escalating trade war has prompted about 30 percent of U.S. manufacturers to review their capital spending plans
- U.K. starting salaries rose steeply last month as employers struggled to fill job openings amid the lowest unemployment since the 1970s, a report published Wednesday showed
- Meanwhile, an outflow of European bankers from London is damping prices and rents in the capital’s housing market, Bank of England policy maker Ian McCafferty said
- While women may be taking on prominent roles from Wall Street to the City of London, gender equality is still a long way off
- Australian central bank chief Philip Lowe said inflation is expected to reach the 2.5 percent target midpoint in 2020 and the interest-rate outlook is unchanged
- Thailand’s central bank left its benchmark interest rate unchanged near a record low as expected, and kept its rhetoric about the decreasing need for monetary policy to support the economy
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