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Trump's Yuan Worries, Nobel Winners, BOJ's Next Move: Eco Day

Trump's Yuan Worries, Nobel Winners, BOJ's Next Move: Eco Day

(Bloomberg) -- Good Tuesday morning, Europe. Here’s the latest news from Bloomberg Economics:

  • European Central Bank officials may consider speeding up the process of removing their extraordinary stimulus, says a Governing Council member
  • New York University professor Paul Romer and Yale’s William Nordhaus share this year’s Nobel Prize in economics. One of them is very vocal about his peers, while the other is more focused on climate change
  • The Trump administration is concerned about the yuan’s depreciation as the Treasury Department weighs whether to name China a currency manipulator in a report due out next week
  • As Indonesia’s Joko Widodo bids for a second term, a skills shortage that’s leaving tens of millions locked out of higher-paid jobs is weighing on his quest to develop the economy
  • The IMF cut its growth forecast for the first time in more than two years, blaming escalating trade tensions and stresses in emerging markets
  • The Bank of Japan’s next policy move is more likely to be ending its negative interest rate than widening the trading range for benchmark bond yields, a former official said
  • Here’s our guide to understanding the PBOC’s latest policy move

To contact the reporter on this story: Connor Cislo in Tokyo at ccislo@bloomberg.net

To contact the editors responsible for this story: Brett Miller at bmiller30@bloomberg.net, Henry Hoenig

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