Fears of ending the U.S. central bank’s monetary policy for recovery
Fears of ending the U.S. central bank’s monetary policy for recovery
26/08/2013 12:00 AM
LONDON (Reuters) –
saw the Executive Director of the International Monetary Fund Christine Lagarde said central banks in Europe and the United States and Japan does not need to accelerate the termination policies of non-conventional recovery of cash, which proceeded to apply in an effort to stimulate growth. but Lagarde also noted in a speech at the annual symposium of the Reserve Board Federal American (Central) on monetary policy in Jackson Hole night before yesterday, to be on the mainframe to work together to reduce over the effects of any halt to the policy of recovery cash may curb global growth., adding that «policies and coordination of policies have not yet reached the level that must be it. The failure to move on the global level in order to play each State, in turn, has put the global recovery at risk. Officials attending central banks around the world, the annual meeting hosted by the Federal Reserve branch in Kansas City. Lagarde pointed out that fears that ending the U.S. central bank’s monetary policy for recovery, sent a blow to the emerging markets in the past few days. But she added that monetary Check Recovery will run at a slower pace than ‘fear’ markets. Lagarde said: «do not propose to accelerate the end of the policy of monetary recovery. There is still a need to unconventional monetary policy in all places where they apply despite the fact that it may be longer for some than with others. In Europe, for example, there is ample room to take advantage of the non-conventional monetary policy, as well as in Japan. And very likely to end the monetary recovery is still some way off. Expect the Federal Reserve to start reducing its monthly purchases of bonds later this year. But he blew in June volatility in global financial markets soon to talk about easing procedures. But Lagarde said that no reason why central banks unable to manage Check monetary recovery itself, which achieved success when it launched the policy is traditional in the midst of the financial crisis.
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