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Trade Latest, ECB Ready to Turn Screw, BOJ Innovation: Eco Day

Trade Latest, ECB Ready to Turn Screw, BOJ Innovation: Eco Day

(Bloomberg) --

Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your Wednesday started:

  • China announced a range of U.S. goods to be exempted from 25% extra tariffs put in place last year, as the government seeks to ease the impact from the trade war without lifting charges on major agricultural items like soybeans and pork
  • The European Central Bank is about to turn the screws again on financial institutions by diving even deeper into negative interest rates
  • Japan’s central bank, long a pioneer in pushing the envelope of monetary policy in its campaign to stimulate the economy, may yet add to its record of innovation.
  • The Bank of England is searching for a new director of communications, though applicants will have no idea who their boss will be
  • The International Monetary Fund said Germany shouldn’t wait for an economic shock before boosting public investment; yet, Germany might not be the most fiscally frugal in Europe -- look at Sweden
  • President Recep Tayyip Erdogan is daring Turkey’s new central bank chief to think differently on interest rates

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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