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Factory Pain, Fog of Trade War, Fed's Policy Review: Eco Day

Factory Pain, Fog of Trade War, Fed's Policy Review: Eco Day

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Welcome to a new week, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

  • Global manufacturing took another knock last month from trade tensions, adding to concerns that the world economy is weakening
    • Trump’s tariff pain is set to ricochet from China to the global economy
    • Wall Street’s biggest banks lined up to warn investors of growing recession risks from the escalating trade war between the U.S. and China
    • Here are the most interesting points in China’s White Paper on trade released Sunday
    • One common criticism of President Donald Trump’s trade wars is the confusion on strategy. So spare a thought for Chinese officials trying to read Trump as the showdown intensifies between the world’s two largest economies
  • Fed officials might have good reason to pat themselves on the back when they gather in Chicago this week -- instead, they’ll be taking a second look at everything they do. Here’s why the Fed’s rethinking its toolkit
    • The Fed has reason to be “patient” on monetary policy given the uncertainties around possible new U.S. tariffs on Mexican goods, said San Francisco Fed President Mary Daly
  • Finally, here a look at what’s set to happen in the global economy this week

To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Brian Swint

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