Sun, Jul 21, 2013 - Page 13 News List

G20 to urge clarity to mute volatility

MANAGING SIGNALS:The G20 will ‘remain mindful’ of unintended side-effects from extended monetary easing to limit the impact on emerging markets and their currencies

Bloomberg

Europe needs to do more to jumpstart its economy, US Treasury Secretary Jack Lew said as his EU counterparts defended their job-boosting efforts.

US Federal Reserve Vice Chairman Janet Yellen told the G20 meeting that calibrating the pace of unwinding stimulus would be in line with circumstances of the US economy, Hyun said.

Finance ministers from France, Italy and Germany said the EU is committed to fighting joblessness and pursuing its growth agenda.

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