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This Article is From Jul 30, 2018

Carney's Crisis Preparation, Fed Meeting, Russia Rates: Eco Day

(Bloomberg) -- Good morning Americas. Here's news and analysis from Bloomberg Economics to help get your week started:

  • In an exclusive interview for Bloomberg Markets, Bank of England Governor Mark Carney lays out how he is preparing for Brexit and the next crisis
  • Federal Reserve Chairman Jerome Powell is this week set to duck jabs from President Donald Trump and let the economy justify a pause in the bank's rate hike path
  • More economies are stepping up fiscal spending just as the era of easy money from central banks draws to a close
  • Confidence in the euro-area economy dropped to its lowest level in a year, suggesting that the global trade conflict can weigh down growth momentum
  • The U.S. Treasury secretary sees sustained 3% growth, but his bet counters most economists, including those at the Fed
  • Russia could buck the global tightening cycle this year, with potential for a cut in interest rates before end-2018
  • A slew of global economy events hit the calendar this week before the relative August lull

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

To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net

©2018 Bloomberg L.P.

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