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This Article is From Dec 06, 2019

Central Bank Stimulus Pump, ECB Pause, U.S. Jobs: Eco Day

Central Bank Stimulus Pump, ECB Pause, U.S. Jobs: Eco Day

(Bloomberg) --

Welcome to Friday Europe. Here's the latest news and analysis from Bloomberg Economics to help get you through to the weekend:

  • Major central banks are set to keep pumping money into financial markets and economies next year, though at a slower pace
  • Economists surveyed by Bloomberg say the European Central Bank is done cutting interest rates despite persistent downside risks to growth
  • Economists project U.S. nonfarm payrolls climbed by about 183,000 last month, one of the highest estimates this year ahead of a jobs report, while unemployment remained near a half-century low and wage gains stayed solid
  • Political uncertainty is “playing havoc” with the U.K. labor market, with demand for workers rising at the slowest pace for a decade and wage pressures easing, according to a report
  • Early indicators for China's economy suggest weakness in momentum for the seventh straight month in November, Qian Wan writes
  • Asian governments are starting to do their bit to revive economic growth as central banks gradually pull back on monetary policy easing
  • Finally, here's our collection of this week's analysis, scoops and enterprise from Bloomberg Economics

To contact Bloomberg News staff for this story: Alexandra Veroude in Sydney at averoude4@bloomberg.net;Jeffrey Black in Hong Kong at jblack25@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, ;Jeffrey Black at jblack25@bloomberg.net, Michael S. Arnold

©2019 Bloomberg L.P.

With assistance from Bloomberg

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