President-elect Donald Trump sank a bill to fund the US government beyond this week’s deadline, increasing the likelihood of a shutdown. Trump wants lawmakers to include an increase to the debt ceiling in the package and threatened to oust fellow Republicans if they accepted legislation that didn’t include his demands. He also called for a “streamlined” bill compared with the latest proposal that includes $100 billion in disaster relief, farm aid and additional childcare funds. If the measure fails, the government could see a partial shutdown as early as Saturday. But if the legislation passes, it would kick the next funding fight until mid-March, when the newly elected 119th Congress can pass more permanent federal funding.—Balázs Penz

The Bank of Japan refrained from raising interest rates and governor Kazuo Ueda said policymakers need more information before they can hike again. The dovish tone extended the yen’s losses against the dollar, past the key 155 level. The BOJ governor said that the big picture on wages will be clearer by March or April, and it may take time to understand the full impact of Trump’s policies.