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G20: Global economy great deal of uncertainty but no facing crisis currently – A "senior"...

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    A "senior" US treasury official at the G20 meeting crossed the wires via Reuters, noting that the global economic uncertainty remains a major challenge amid diverging economic conditions in different countries.

    Key Quotes:

    Global economy great deal of uncertainty but no facing crisis currently

    China has to take on more responsibility as one of biggest economies

    Meetings like G20 are for gradual shifting of policies

    Can't drive 20 economies from one central meeting

    US will closely watch China's Peoples Congress for policy actions

    Diverging economic conditions in different countries creates a major challenge
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