Fed on Interest Rates, U.S. Jobs Market, Israel Window: Eco Day

(Bloomberg) -- Welcome to Tuesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• China could retaliate against the U.S. after President Donald Trump blacklisted Huawei Technologies, the Chinese ambassador to the European Union said
• Federal Reserve Bank of Atlanta President Raphael Bostic said he sees no need to adjust U.S. monetary policy and that an interest-rate cut or increase are equally likely this year
• Meanwhile, St. Louis Fed Chief James Bullard says it isn’t unusual that Trump is commenting on U.S. interest rates
• Contrary to a widespread view among economists, the tight U.S. labor market is not attracting new workers from the sidelines, according to new research from the San Francisco Fed
• The window of opportunity for the Bank of Israel to raise interest rates for the second time since 2011 is fast slipping away
• The Fed’s National Activity Index, which draws on 85 economic indicators, is signaling below-trend growth

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Matthew Brockett

©2019 Bloomberg L.P.