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This Article is From Mar 27, 2019

U.S. Recession Risk, Draghi’s Cushion, China Outlook: Eco Day

(Bloomberg) -- Follow the latest global economic news and analysis @economics.

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

  • As the bond market's yield curve flashes warning signs of a U.S. recession, some key economic indicators are offering more conflicting signals about the outlook
  • Stephen Moore, who Donald Trump may nominate for a seat on the Federal Reserve Board, told the New York Times in an interview that the central bank should immediately reverse course and lower interest rates by half a percentage point
  • Mario Draghi said the European Central Bank is ready to soften the impact of negative interest rates if they are found to harm the transmission of its monetary policy
  • U.S. and Chinese officials resume high-level trade talks this week as they close in on a deal that could just be the first step in the long road to economic peace
    • Meanwhile, the People's Bank of China is expected to ease policy less aggressively in 2019 compared with the previous year, according to analysts
  • When Adrian Orr took the helm of New Zealand's central bank a year ago today, hopes were high that he'd usher in a new era of transparency and engagement on interest rates. That hasn't quite happened
    • Separately, the RBNZ said it's now more likely to cut interest rates amid slowing global growth, sending the kiwi dollar tumbling
    • In a world of persistently low inflation and slowing economic growth, central banks are finding a useful instrument in their toolboxes to curb financial risk
    • Finally, here's a look at how Japan is pioneering the way a wealthy nation ages into the future
    • To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

      To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss

      ©2019 Bloomberg L.P.

      Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

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