Payrolls Day, U.S.-China Deal, Europe’s New Era: Eco Day
(Bloomberg) -- Welcome to Friday, Americas. Here's the latest news and analysis from Bloomberg Economics to help you start the day and send you into the weekend:
- It is payrolls day in the U.S., where economists are expecting the pace of job cuts to slow from April's record. Still, the May release could show the impact spreading across a broader spectrum of industries and role
- President Donald Trump's promise that a U.S.-China trade deal would bring a $36.5 billion election-year bonanza for his rural base was always a stretch, and is now a more distant dream
- The Federal Reserve's assurance that it will make borrowing easier for American corporations has juiced the corporate-bond market. But recent developments call into question the degree to which that promise will help preserve American jobs
- Europe's monetary and fiscal titans are finally moving in lockstep, with a fresh jolt of German stimulus triggering a sea change in the continent's policy making
- The Bank of England should scrap its inflation target in favor of economic growth, a think tank charges in a broader debate about how best to manage the crisis-stricken U.K. economy
- France is beefing up incentives for apprenticeships and support for businesses that keep staff on payroll, in a bid to stem long-term joblessness
©2020 Bloomberg L.P.
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