Anti-Virus Economics, WTO Withdrawal, Trade War Respite: Eco Day

(Bloomberg) —

Welcome to Wednesday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

Monetary policy makers across the globe have expressed concern and signaled a willingness to act if coronavirus delivers a triple blow to demand, inflation and financial marketsEven so, it’s becoming increasingly evident that the disruption to China’s economy will spill over to the rest of the worldThe U.S. is mulling a plan to withdraw from a WTO pact worth $1.7 trillion in government contracts, a move that could anger close allies during a delicate moment for tradeMany top Trump aides also continue to discuss both privately and publicly the possibility of imposing restrictions on Americans’ investment in Chinese companiesLooking for respite from trade wars? There are still places companies can go if they want to avoid the full force of rising tariffs — foreign trade zones.Brazil’s central bank is expected to cut its benchmark interest rate by a modest 25 basis points and signal an end to its record-breaking monetary easing cycle amid renewed economic uncertaintyThe world’s leading monetary authorities also have a $12 billion coal problem. One think tank says they should purge related assets from their balance sheets By coincidence rather than design, the euro will this year face one of the most comprehensive health checkups since its creation

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Brian Swint

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