Final Policy Meetings of 2020, SNB Eyes Less Tense 2021: Eco Day

(Bloomberg) -- Welcome to Wednesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

• Bank of England officials on Thursday hold their final scheduled policy decision of a wild year still unsure whether a Brexit trade deal will be forged, with little they can do to soothe the U.K.’s economic pain if it isn’t
• Norges Bank’s last meeting of 2020 on Thursday might provide a clue to how early some developed nations might embark on post-virus interest-rate tightening
• Swiss National Bank officials have reason to expect a less frenzied 2021 after a multi-billion currency battle this year put Switzerland in the crosshairs of U.S. authorities
• As China looks to lay out its 2021 economic goals, debt growth and tensions with the U.S. loom large
• A worsening in Japan’s export decline is showing Covid taking a heavier toll, while the impact of its $707 billion stimulus depends on spending by the elderly
• South Korea lost the largest number of manufacturing jobs in almost two years in November, imperiling the engine of the export-driven economy
• Central banks globally are all in on green initiatives, but a survey shows decisive action is scant

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