Monday 22 July 2013

G-20 countries ask for careful future changes in accomodative monetary policy

Finance ministers and central bank chiefs from the Group of 20 nations agreed Friday to make future changes to unconventional monetary policy carefully at a two-day meeting in Moscow, as possible tapering of the U.S. central bank's ultraeasy monetary is expected to rattle financial markets and hurt emerging economies, sources close to the matter said.

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