Trade Talks, U.S. Pay Gains, Brazil Pensions: Eco Day
(Bloomberg) -- Happy Friday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day started.
- President Xi Jinping says U.S.-China trade talks will continue next week in Washington, as the two sides race to reach a deal that would avert a tariff increase on Chinese goods by March 1
- Trump wants deals and he wants them now. But there’s growing evidence that time is catching up his trade agenda
- A surge in U.S. inflation-adjusted pay could push the Fed toward higher rates
- President Jair Bolsonaro gave the green light to a proposal to overhaul Brazil’s unsustainable pension system that includes minimum retirement ages and substantial savings to public coffers
- Here’s our explainer why the future of the country’s economy rides on pensions
- Economists are pushing back their Bank of England predictions, meaning it’s a close call whether Governor Mark Carney will manage another interest rate hike before he leaves
- The global tide of weaker inflation is taking an extra toll on emerging markets, putting central banks under pressure to lean away from their bias toward raising interest rates
- Finally, here’s our weekly wrap of what’s going on in the world economy
©2019 Bloomberg L.P.