2016-02-27reuters.com

The world's top economies declared on Saturday that they need to look beyond ultra-low interest rates and printing money to shake the global economy out of its torpor, while renewing their focus on structural reform to spark activity... The G20 ministers agreed to use "all policy tools -- monetary, fiscal and structural -- individually and collectively" to reach the group's economic goals.

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But there was no plan for specific coordinated stimulus spending to spark activity, as some investors had been hoping after markets nosedived at the start of 2016. Over the course of the two-day meeting in Shanghai comments by policymakers made clear the divergence of views on the way forward.

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Chinese policymakers reiterated pledges not to devalue the yuan CNY=CFXS again, and Premier Li Keqiang told the G20 opening session on Friday there was no basis for continued depreciation of the yuan.



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