Steen Jakobsen
The Bank of Japan has abandoned quantitative easing and the European Central Bank may taper its bond-buying programme, so what is the role of central banks in 2017, asks Saxo Bank’s chief economist Steen Jakobsen.
Editor’s Picks 05 September 2016 at 23:35 GMT

Obama to convince Asian partners that TPP will be approved

US President Barack Obama said on Monday that US trading partners in Asia did not need to be persuaded of the benefits of the Trans-Pacific Partnership, just that Washington would eventually approve the trade pact. Obama has made the 12-nation TPP the centrepiece of a diplomatic "pivot" to Asia, but the prospects for US congressional approval have looked increasingly dim, with both major presidential candidates standing opposed. Administration officials had said that Obama would make the case for the TPP during his visit to Asia, including in a speech he has scheduled in Laos on Tuesday.
Read full article at Reuters


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