economics

Carney's Rapport, Trade War Numbers, Asia's New Wealthy: Eco Day

  • BOE Governor’s communication is back under the microscope
  • Bank of Korea leaves rates on hold at its policy meeting
Photo Illustration: Tom Hall/Bloomberg

Welcome to Thursday, Europe. Here’s news from Bloomberg Economics to help get your day started.

  • With investors firmly penciling a Bank of England interest-rate increase next month, Mark Carney’s communication is back under the microscope
  • Ukraine is set to leave borrowing costs unchanged for a third meeting as uncertainty over its bailout trumps a slowdown in inflation
  • Trade tensions are increasing, but forecasters remain divided on the seriousness of the consequences. We run the numbers
  • The Bank of Korea left its key interest rate unchanged at 1.5 percent amid a sharp rise in global trade tensions and slowing jobs growth
  • Japan is a long way from dialing back its aggressive monetary easing, says an economic adviser to the government
  • In the Philippines, where a fifth of the country lives beneath the poverty line, locals have a new obsession: fine art
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