Trump's Rate Debate, Asia Resilience, China FX Reserves: Eco Day

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

  • President Donald Trump’s top economic adviser says the U.S. and China are “closer and closer” to a trade deal, and that top-tier officials would be talking again this week
  • Trump has weighed into a debate inside the Federal Reserve about what central bankers should do about sub-par inflation. It’s not totally crazy to think he’ll eventually carry the day
  • Singapore and other Southeast Asian economies are poised to remain resilient in the face of increasingly dour signs on the global economy, says Finance Minister Heng Swee Keat
  • The slowest consumer-price growth in 15 months may not be enough to prompt early monetary easing in the Philippines, say analysts
  • China’s foreign-currency holdings rose for a fifth month as lower government bond yields in developed markets lifted valuations
  • Europe’s sclerotic growth and political dysfunction inspire frequent comparisons with Japan’s lost decade from the mid-1990s. Here’s why we’re not there yet

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