(Bloomberg) -- Welcome to Tuesday, Americas. Here's the latest news and analysis from Bloomberg Economics to help you start the day:
- Federal Reserve Chair Jerome Powell has a big decision to make about giving more guidance about the future path of interest rates. That will probably be part of the conversation at the FOMC's two-day meeting starting Tuesday
- The Fed expanded the scope and duration of its Municipal Liquidity Facility, a $500 billion emergency lending program for state and local governments
- American's record-long expansion is set to officially come to an end this week, with figures due Wednesday projected to show that GDP shrank at a 3.8% annualized rate from January through March
- While backward looking, the GDP data will be crucial in assessing characteristics of an eventual rebound, according to Bloomberg Economics
- As Trump pushes to restart the economy, the federal agency that's supposed to protect employees from workplace hazards has been operating with historically low staffing
- Workers across the globe are racing to learn fresh skills as the coronavirus crisis triggers millions of job cuts. The impetus to rapidly adapt during the pandemic comes amid a more general need for repositioning as technology fundamentally alters the workplace
- The euro-area economy's expansion has come to a dramatic halt, with a slew of GDP data due Thursday set to show a disastrous deterioration
- Sweden's central bank left its main interest rate at zero, but said it may need to go negative in the future
- Britain's young, female and low-paid workers are particularly vulnerable to the coronavirus when it comes to their health and finances, according to research from the Resolution Foundation
- Lifting the U.K. lockdown won't immediately bring the economy back to life, according to an influential think tank
- Chancellor of the Exchequer Rishi Sunak said he's thinking carefully about how to exit restrictions and wean businesses off stimulus
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