ADVERTISEMENT
Central Bank Stimulus Pump, ECB Pause, U.S. Jobs: Eco Day
Central Bank Stimulus Pump, ECB Pause, U.S. Jobs: Eco Day
06 Dec 2019, 07:08 PM IST
(Bloomberg) --
Welcome to Friday Europe. Here’s the latest news and analysis from Bloomberg Economics to help get you through to the weekend:
- Major central banks are set to keep pumping money into financial markets and economies next year, though at a slower pace
- Economists surveyed by Bloomberg say the European Central Bank is done cutting interest rates despite persistent downside risks to growth
- Economists project U.S. nonfarm payrolls climbed by about 183,000 last month, one of the highest estimates this year ahead of a jobs report, while unemployment remained near a half-century low and wage gains stayed solid
- Political uncertainty is “playing havoc” with the U.K. labor market, with demand for workers rising at the slowest pace for a decade and wage pressures easing, according to a report
- Early indicators for China’s economy suggest weakness in momentum for the seventh straight month in November, Qian Wan writes
- Asian governments are starting to do their bit to revive economic growth as central banks gradually pull back on monetary policy easing
- Finally, here’s our collection of this week’s analysis, scoops and enterprise from Bloomberg Economics
To contact Bloomberg News staff for this story: Alexandra Veroude in Sydney at averoude4@bloomberg.net;Jeffrey Black in Hong Kong at jblack25@bloomberg.net
To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, ;Jeffrey Black at jblack25@bloomberg.net, Michael S. Arnold
©2019 Bloomberg L.P.
With assistance from Bloomberg
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT