G20: Global economy great deal of uncertainty but no facing crisis currently – A “senior” US treasury official

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

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.

(Market News Provided by FXstreet)

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