Fed Meeting, Tariff Delay, U.K’s Economic Prize: Eco Day

(Bloomberg) --

Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

• While Jerome Powell is expected to reinforce the signal that policy is on hold at the central bank’s meeting on Wednesday, some of his colleagues may be looking ahead to when they should hike again
• Chinese officials expect President Donald Trump to delay a threatened tariff increase set for Sunday, giving more time to negotiate an interim trade deal that both sides continue to insist is close to fruition despite a series of missed deadlines
  • Staying on trade, here’s why the WTO will never be the same after today
• Whoever wins this week’s U.K. election will take over an economy that’s far from full strength, and turning it around will take more than just ramping up spending
• European Central Bank policy makers meeting in Frankfurt this week will discuss the prospect of launching their own digital currency, according to euro-zone officials familiar with the matter
• Switzerland’s central bank is once again challenging the forces of gravity in the foreign exchange market. The Swiss National Bank is expected to keep the main policy rate unchanged and reaffirm their intervention pledge at their next meeting on Thursday
• Finally, as the Fed runs the economy hot, here’s a look at how Latinas are emerging as a powerful labor force

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Brian Swint

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