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This Article is From May 13, 2019

Trade Impasse, Hunt for Inflation, Europe’s Long Road: Eco Day

(Bloomberg) -- Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.

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

  • The emerging stalemate in U.S.-China trade negotiations grew out of an earlier deadlock over how and when to remove existing American tariffs that provoked Beijing to threaten to walk away from the talks
    • Donald Trump threatened that the trade standoff with China will “get worse” if there is retaliation for U.S. tariffs that go into effect on Chinese goods Monday
    • The European Union is finalizing a list of U.S. goods to target with retaliatory tariffs in the event that Trump, who is expected to make a decision by May 18, imposes levies on car imports
  • If the Federal Reserve's optimistic take on inflation had traders second-guessing their bets on an interest-rate cut this year, they're taking matters back into their own hands now
    • Still, inflation isn't totally dead. From pork in China to iron ore in Brazil, price gains are flickering in parts of the global economy
    • Fed officials are speaking out about rising inequality and the harm it does the U.S. economy, but most still hesitate to say monetary policy can do much to help
    • Europe has a long way to go if it's to deliver on the hope sparked by recent economic numbers
    • London's property market is continuing to bear the brunt of Brexit malaise, according to a report from Acadata. Elsewhere, U.K. companies and politicians are underestimating the chances of a no-deal Brexit, the head of a business group said
    • Finally, meet the frontrunners to succeed Bank of Canada Governor Stephen Poloz
    • 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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