U.S. Jobs Day, Euro-Area Inflation, ECB Succession: Eco Day

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Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help send you into the weekend:

  • The U.S. jobs report Friday in Washington should show a temporary boost to hiring for the 2020 Census, while Bloomberg Economics sees promise in the Federal Reserve’s bet that economic weakness is temporary, analysis shows
  • Since the White House’s latest pick for the Fed has pulled out, just after disagreeing with the president on a rate cut, lawmakers and analysts are raising questions on the vetting process
  • Inflation in the euro area accelerated more than forecast and a core measure jumped the most in nearly a year, capping a week of encouraging data for the European Central Bank
    • Speaking of the ECB, the institution probably will opt for an insider pick as its new chief, shirking the possibility of a fresh-thinking outsider
  • The U.K.’s dominant services industry was subdued in April, even as the sector returned to growth
  • Finally, here’s our weekly review of the global economy

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