Fed 1990s Throwback, Argentina’s Curse, Factory Pain: Eco Day

(Bloomberg) --

Welcome to Thursday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• The Fed’s not-quite-as-dovish-as-expected policy decision is still making waves across financial markets, and the pledge that it won’t be a long cutting cycle is reminiscent of the Fed of the 1990s
  • After the Fed’s rate cut, here’s what’s next for global central banks, according to Bloomberg Economics’ Tom Orlik
• Argentina’s been trapped in a cycle of economic crisis for over a century. Patrick Gillespie explains why it can’t escape
• Factories across Asia and Europe are increasingly feeling the brunt of the festering U.S.-China trade war that shows no imminent sign of ending
• The Bank of England -- which its benchmark unchanged -- said it’s less confident than usual about the outlook for the economy because of Brexit
• After a quiet end to the U.S.-China talks this week, the two sides plan to reconvene in early September; the other regional trade battle, between Japan and South Korea, is heating up
• India’s the only major Asian nation that’s growing its export share

To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net

To contact the editor responsible for this story: Fergal O'Brien at fobrien@bloomberg.net

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