(Bloomberg) -- Welcome to the end of the week, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:
- Economists see only one more interest-rate increase from the Federal Reserve this year, cutting their estimates from as many as three expected in November, a survey conducted by Bloomberg showed. Meantime, negative interest rates could be harmful for U.S. banks, limiting their usefulness as an emergency tool in an economic downturn, said Dallas Fed President Robert Kaplan
- The economic outlook in the euro area is going from bad to worse -- the bloc’s executive now sees “substantial” risks. Brussels may opt for silence when Italy misses its target, says David Powell
- President Donald Trump said he won’t meet Chinese President Xi Jinping before a March 1 deadline to avert new U.S. tariffs on Chinese goods, intensifying fears the two won’t strike a deal before the end of the truce. Meantime, it’s a safe bet you won’t hear him talk much about services as the U.S. and Japan prepare for talks
- Trump’s pick to lead the World Bank said the lender should follow through on a commitment to lend less to China and refocus on its core mission of raising living standards in poor countries
- India’s new central bank chief delivered an unexpected rate cut, providing Prime Minister Narendra Modi with the kind of stimulus he needs in an election year
- After this decade snapping up $25 billion of some of the world’s toniest properties in London, New York and Paris, Norway’s $1 trillion wealth fund is scaling back its appetite for real estate deals
- Time to liberate Australia’s economy. It needs to be freed from folklore that’s built up around the 27-year stretch sans recession, argues Daniel Moss
- Is American capitalism broken? Here are seven possible fixes