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Countdown to Jackson Hole, Italy QE Hopes, Thailand GDP: Eco Day
Countdown to Jackson Hole, Italy QE Hopes, Thailand GDP: Eco Day
20 Aug 2018, 12:15 PM IST
(Bloomberg) -- Welcome to Monday, Europe. Here’s the latest news from Bloomberg Economics:
- Summer break for central bankers ends this week when their leaders gather Friday and Saturday for the Federal Reserve’s annual policy symposium in Jackson Hole, Wyoming
- The Bank of England’s unanimous decision to raise interest rates this month has led economists to predict an additional two hikes next year
- Italian Cabinet Undersecretary Giancarlo Giorgetti said he hopes the European Central Bank’s quantitative easing program will be extended to help protect the country from financial speculators
- Greece is about to exit its bailout, a symbolic move past the debt crisis that exploded eight years ago and transformed the country’s economy and the lives of its people
- Thailand’s economy grew more than forecast in the second quarter, underpinned by solid export and investment gains
- Pakistan’s Prime Minister Imran Khan asked overseas citizens to invest and increase remittances to the South Asian country to help boost its foreign-exchange reserves and overcome an economic crisis
To contact the reporter on this story: Enda Curran in Hong Kong at ecurran8@bloomberg.net
To contact the editors responsible for this story: Malcolm Scott at mscott23@bloomberg.net, Henry Hoenig
©2018 Bloomberg L.P.
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