ADVERTISEMENT
Fed’s Organic Approach, ECB Disputes, Brexit Gloom: Eco Day
Fed’s Organic Approach, ECB Disputes, Brexit Gloom: Eco Day
30 Sep 2019, 05:18 PM IST
(Bloomberg) --
Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your week started:
- The Federal Reserve has opted for a more organic balance-sheet increase, while financial analysts are calling for something much bigger
- New York Fed President John Williams said bank reserves will probably need to be higher in the future to limit the risk of money markets repeating their recent turmoil
- A U.S. Treasury official said there are no current plans to stop Chinese companies from listing on U.S. exchanges; China is talking big about financial-market opening ahead of a planned next round of trade talks with the U.S.
- When Christine Lagarde takes charge of the European Central Bank, she’ll inherit the policy disputes of her predecessors -- now with even deeper scars
- Meanwhile, officials are looking to employ “tiering” to ease the impact of negative rates -- here’s a QuickTake on the tool
- Europe’s jobs market is giving some hope to the region’s economic story, which has for months been dominated by a deepening slump in manufacturing that’s tipped Germany close to recession
- British businesses are getting increasingly gloomy about the economy as Brexit approaches, according to the Lloyds Business Barometer
- Staying the U.K, reports Monday showed the economy experienced major distortions in the second quarter after firms stockpiled goods in the run-up to the original Brexit deadline, while demand for borrowing declined last month as households braced for the new exit date
To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net
To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Zoe Schneeweiss
©2019 Bloomberg L.P.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT