central bankers

CBO Boosts Economic Growth Forecast, Sees $1 Trillion Deficit

CBO Boosts Economic Growth Forecast, Sees $1 Trillion Deficit

Stronger-than-expected U.S. economic growth that’s pushed the jobless rate to a five-decade low will contribute to an uptick in inflation this year, according to the Congressional Budget Office.
ECB’s Hernandez de Cos Says WTO Needs Makeover to Stay Relevant

ECB’s Hernandez de Cos Says WTO Needs Makeover to Stay Relevant

Pablo Hernandez de Cos, general director of Economics Statistics and Research at Spain's central bank, arrives for a dinner during the Jackson Hole economic symposium, sponsored by the Federal Reserve
Euro Adoption Breakthrough Is Near, Bulgarian Central Bank Says

Euro Adoption Breakthrough Is Near, Bulgarian Central Bank Says

Bulgaria’s efforts to set itself on a firm path to adopt the euro single currency have entered the “final stretch,” its central bank chief said.
Brussels Edition: Poland’s Trouble With the Law

Brussels Edition: Poland’s Trouble With the Law

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
Venezuela Weighs Privatizing Oil in Face of Economic Free Fall

Venezuela Weighs Privatizing Oil in Face of Economic Free Fall

Facing economic collapse and painful sanctions, the socialist government of Venezuelan President Nicolas Maduro has proposed giving majority shares and control of its oil industry to big international
Wall Street Venture-Fund Curbs to Be Eased in Volcker Revamp

Wall Street Venture-Fund Curbs to Be Eased in Volcker Revamp

Wall Street banks would face much looser restrictions on investing in venture-capital funds under regulators’ latest rollback of the Volcker Rule, according to three people familiar with the matter.
Merkel Aims for West Balkan-EU Agreement With Macron by March

Merkel Aims for West Balkan-EU Agreement With Macron by March

German Chancellor Angela Merkel wants to reach an agreement with French President Emmanuel Macron for Albania and North Macedonia to begin accession talks with the European Union at the meeting of the
Brussels Edition: Serving Oysters to Trump

Brussels Edition: Serving Oysters to Trump

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
U.K. Plays Down Concerns Over Huawei and Tax Spats With U.S.

U.K. Plays Down Concerns Over Huawei and Tax Spats With U.S.

U.K. officials tried to ease concerns over Britain’s future relationship with the U.S., after the two countries clashed over a possible new digital tax and future dealings with Chinese firm Huawei
Mnuchin Says Telling Thunberg to Study Economics ‘Was a Joke’

Mnuchin Says Telling Thunberg to Study Economics ‘Was a Joke’

U.S. Treasury Secretary Steven Mnuchin downplayed his remark that environmental activist Greta Thunberg should go study economics, saying he hadn’t meant it seriously.
Trump Expands Aluminum, Steel Tariffs to Some Imported Products

Trump Expands Aluminum, Steel Tariffs to Some Imported Products

The Trump administration expanded its trademark steel and aluminum tariffs to cover certain imported nails, staples, electrical wires and some downstream parts that go into automobiles and tractors,
Leaving the Mountain: Davos Diary

Leaving the Mountain: Davos Diary

The 50th annual meeting of the World Economic Forum is over.
What We Learned in Davos About Climate, Economics and Trump

What We Learned in Davos About Climate, Economics and Trump

Greta Thunberg, center, takes part in a demonstration on the closing day of the World Economic Forum in Davos. Photographer: Simon Dawson/Bloomberg
Mnuchin Touts Tax Cuts With Davos Finale Endorsing Fiscal Boost

Mnuchin Touts Tax Cuts With Davos Finale Endorsing Fiscal Boost

Top financial officials from the major global economies used the World Economic Forum in Davos to tout the benefits of government spending as a way to lift growth out of its funk and reduce reliance
Steven Mnuchin Sees 20-Year Bonds Extending Average Treasury Maturity

Steven Mnuchin Sees 20-Year Bonds Extending Average Treasury Maturity

U.S. Treasury Secretary Steven Mnuchin said the country’s new 20-year security will extend the average maturity on the government’s debt while adding that ultra-long bonds aren’t coming any time soon.
Carbon Tax Won’t Be Necessary Due to Technology, Mnuchin Says

Carbon Tax Won’t Be Necessary Due to Technology, Mnuchin Says

Steven Mnuchin, U.S. Treasury secretary, speaks during a panel session on the closing day of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 24, 2020. World leaders, influential
Brussels Edition: Merkel Heading Into Troubled Waters

Brussels Edition: Merkel Heading Into Troubled Waters

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
After EU Snub, North Macedonia and Albania Stumped by ECB Challenge

After EU Snub, North Macedonia and Albania Stumped by ECB Challenge

The European Union’s snub of two enlargement candidates on the bloc’s southern flank triggered political tremors last year.
NYC Moves to Ban Cashless Stores in Blow to Visa, Mastercard

NYC Moves to Ban Cashless Stores in Blow to Visa, Mastercard

New York City is joining San Francisco and Philadelphia in banning stores and restaurants from rejecting cash as a form of payment.
Boom or Bust?: Davos Diary

Boom or Bust?: Davos Diary

Welcome to Davos Diary, Bloomberg’s briefing on what’s happening at the World Economic Forum. Sign up here to get it in your inbox every day through Jan. 24.