Jun 25, 2018
Bumpy Markets, Chinese Investment, Freeing Liquidity: Eco Day
Bloomberg News
,(Bloomberg) -- Welcome to Monday, Europe. Here’s news from Bloomberg Economics to help get your week started:
- Investors will get a vision of the Bank of England’s past, present and future this week
- Don’t fear. Central banks should accept that reversing crisis-era monetary policy will be “bumpy” and shouldn’t delay doing so just for fear of upsetting financial markets, according to the Bank for International Settlements
- Close watch. The U.S. government is planning to heighten scrutiny of Chinese investments in sensitive U.S. industries under an emergency law, putting Washington’s trade war with Beijing on a potentially irreversible course
- That comes as their high-stakes game of economic “chicken” reaches a critical juncture in the next two weeks
- Meanwhile, China’s central bank will cut the amount of cash some lenders must hold as reserves, unlocking about 700 billion yuan ($108 billion) of liquidity
- Child protection. In Japan, the children of single mothers are becoming an underclass
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, Karthikeyan Sundaram, Ashutosh Joshi
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