(Bloomberg) — Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the week.
China’s unemployment rate has steadily dropped from last year’s pandemic peak, though a lack of jobs for graduates and a shortage of skilled manufacturing workers point to underlying problems St. Louis Fed President James Bullard said inflation risks may warrant raising interest rates next year. The Fed made some big headlines last week, but for a lot of observers they buried the newsWhile the Reserve Bank of Australia and Commonwealth Bank of Australia share a common heritage, they couldn’t be further apart on the outlook for wages and inflation in today’s economyThe Bank of England’s chief economist is poised to sound an alarm bell on inflation before he leaves the buildingThe economic disruption caused by Covid-19 has brought growth concerns to the top of Indian monetary policy makers’ prioritiesEmerging-market currencies hit by a hawkish Fed could rebound on expectations developing central banks may outpace U.S. tighteningAustralia will appeal to the WTO regarding China’s imposition of anti-dumping duties on the country’s wine, its trade minister announcedIMF staff proposed a carbon-price floor to slow global warming, saying climate change presents huge risks to the world’s economiesECB chief Christine Lagarde said the governing council is making “good progress” in talks on the overhaul of monetary policySweden’s central bank says a number of staff made financial transactions that aren’t in line with its ethical guidelines, including equity trades just before interest-rate decisionsTaiwan said it recalled seven representative officials from Hong Kong, citing “unreasonable political preconditions” for its personnel
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