(Bloomberg) -- Welcome to Wednesday, Europe. Here’s the latest news from Bloomberg Economics:
- Italian Finance Minister Tria said the government is worried by the "unacceptable" bond yield spread, which yesterday was near the widest in more than five years
- Investors may be ignoring the risk that financial conditions could tighten sharply and send tremors through the global economy, the International Monetary Fund warned
- The heads of the IMF, OECD, World Bank and WTO made a joint call for the world to resist a rising tide of U.S.-led protectionism and return to the path of liberalization that had lifted millions out of poverty
- Inflation may be climbing higher in the U.S., but inflation expectations look like they are still well anchored; meanwhile President Trump said that the central bank is moving too quickly with interest rate hikes
- Trump will soon unveil measures to address the U.S. federal government’s big budget deficit, his chief economist says
- Indonesia has a blunt message for Fed chief Jerome Powell and other global financial giants gathering in Bali this week: be mindful of the effects of your policies on emerging economies
- Tom Orlik discusses how Paul Romer’s Nobel prize for economics helps explain the Trump-led trade war
- A worsening U.S.-China trade war is clouding the outlook for Singapore’s monetary decision on Friday, but there’s no need to overreact says its central bank chief
- A decade after Lehman, policymakers, traders and economists are looking at the clock as they wonder when and where the next meltdown will hit