medium-term macroeconomic expectations

Comments on G20 Communique and Medium-Term Macroeconomic Expectations

March 19, 2017

The Group of Twenty finance ministers and central bank leaders met for two days in Baden-Baden, Germany and released a statement on Saturday that is notable for two omissions. The first deletion concerns trade and exchange rate policy. The pledge regarding currency management wasn’t changed and still states, We reiterate that excess volatility and disorderly […] More