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UK’s Johnson hints his prized US trade deal is unlikely before 2024

Bloomberg Prime Minister Boris Johnson indicated he doesn’t expect to secure the free-trade agreement he seeks with the US before the next UK general election due in 2024. A trade deal with the US was billed as one of the prizes of Brexit, so Johnson is under pressure to prove the biggest upheaval in British foreign policy in fifty years ...

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Bank Indonesia holds rates as economy flashes recovery signs

Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged at a record low as the economy begins to show signs of recovery from the country’s worst coronavirus wave. Bank Indonesia held the seven-day reverse repurchase rate at 3.5% on Tuesday, as expected by all 31 analysts in a Bloomberg survey. The key rate has been at that level since ...

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ECB likely to buy Greek debt even after crisis

Bloomberg The European Central Bank (ECB) is likely to continue purchasing junk-rated Greek sovereign debt even after the pandemic crisis has passed, according to Governing Council member and Greek central bank chief Yannis Stournaras. “This is not a question of Greece’s ability to service debt, but a question of even transmission of monetary policy,” Stournaras told Politico in an interview. ...

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