(Bloomberg) -- Welcome to Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:
- New York Fed chief John Williams (NYSE:WMB) downplayed recession fears even as economic growth cooled by more than initially reported last quarter. That signals a more significant slowdown in the first quarter, says Yelena Shulyatyeva
- The Trump administration is prepared to keep negotiating with China for weeks or even months to reach a deal that will ensure improved market access and intellectual-property policies for U.S. companies
- Central banks in Latin America’s two biggest economies have a bit in common -- and may begin cutting interest rates simultaneously
- In 1966, four years before securing the Nobel Prize for economics, Paul Samuelson quipped that declines in U.S. stock prices had correctly predicted nine of the last five American recessions. His profession would kill for such accuracy
- The ECB’s chief economist says there needs to be a solid monetary-policy case before officials act to mitigate side effects of negative rates on banks. Indeed, Mario Draghi’s suggestion to go easy on lenders has splintered policy makers
- Turkey is trying to follow China’s playbook on the lira -- the problem is it only works if you’re a huge economy, explains Tom Orlik
- Australia’s slumping property and stock markets have driven the biggest decline in household wealth in seven years. Meantime, a jumbo wager on an Australian rate cut has emerged again
- Women in Japan are often paid less than males, denied access to career opportunities and have more trouble climbing the corporate ladder. Many have had enough
- Here’s a look at what’s on the agenda in the week ahead and a summary of recent remarks by Fed policy makers