• G20 financial leaders say monetary policy will continue to support economic growth and price stability, but cannot alone lead to balanced growth - Draft

Market news

17 March 2017

G20 financial leaders say monetary policy will continue to support economic growth and price stability, but cannot alone lead to balanced growth - Draft

  • Does not contain a reference to rejecting protectionism

  • To reiterate commitment to avoid competitive devaluations

  • To reiterate that exchange rate volatility is bad for economic growth

  • Will consult closely on exchange markets

  • Leaders agree on a set of principles to foster economic resilience

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