tradeoff between growth and inflation

G20 Leaders Made No Change to Currency Policy

September 6, 2016

Leaders from the Group of 20 completed their meetings in Hangzhou, China and released a statement of roughly 7,250 words. Four┬ásentences summarize their common view on exchange rates: We reiterate that excess volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability. Our relevant authorities will consult closely on […] More