Italian Yields, China's Offer, Japanese Inflation: Eco DayBy
Stephanie Flanders says Italy’s populists need lessons on debt
ECB nominee Rehn says jury still out on extent of slowdown
Happy Friday, Europe. Here’s news from Bloomberg Economics to help get your day started:
- European Central Bank Vice President Vitor Constancio said policy makers are watching widening Italian bond spreads as populist parties inch closer to forming a government.
- Take note. Stephanie Flanders suggests Italy’s new populist leadership could do with some lessons on debt
- Risks remain. The likely next head of Finland’s central bank said “the jury is still out” on whether the euro-area economy will rebound from its recent soft patch
- Way to go. Norway’s central bank is revealing how it tried to support its economy at the height of the oil crisis that hit the nation in 2014
- An offer you can’t refuse. China has offered President Donald Trump a $200 billion reduction in its annual trade surplus with the U.S. by increasing imports of American products and other steps.
- No deal. Meanwhile President Donald Trump’s chief Nafta negotiator said the U.S., Canada and Mexico are "nowhere near close to a deal"
- Long and winding. In Japan, a second straight drop in the inflation rate points to an even longer road ahead for the Bank of Japan
- Not seeing eye-to-eye. Investors and economists are increasingly at odds over the outlook for the world economy
Before it's here, it's on the Bloomberg Terminal. LEARN MORE