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This Article is From Sep 23, 2019

Central Bank Speakers, Twitter Attack, Helicopter Money: Eco Day

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(Bloomberg) --

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

  • With Federal Reserve and European Central Bank officials divided over the outlook for their economies and benchmarks, public appearances by officials will be scrutinized even more closely than usual by investors
  • President Donald Trump's Twitter attacks on the Fed are prompting investors to bet the central bank will bow to political pressure and lower interest rates, according to a new study
  • Germany's economy is suffering its worst downturn in almost seven years as a manufacturing slump deepens, raising pressure on the government to add fiscal stimulus.
    • Against that backdrop, Mario Draghi is due to give his valedictory appearance at the European Parliament today. He's speaking amid warnings that the ECB's new message on how long it'll keep interest rates low may be supportive for the economy but could prove risky for markets
  • The world's biggest banks are healthier and less likely to wreak havoc in the economy than a decade ago, the Bank for International Settlements judged
  • Britain will see billions piled onto its budget deficit this week as it accepts the real cost of student loans to the public purse.
  • Denmark is about to become a test case for what happens when banks start charging a lot of customers to store their money
  • Finally, helicopter money has had a bad name in central banking circles for quite a while, but it's a kind of stimulus that's getting another hearing as the global economy stalls
  • 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, 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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