Hi all,
http://www.imf.org/external/pubs/ft/weo/2010/update/02/pdf/0710.pdf
The 2010 World Economic Outlook report is now released. Currently making my way through it, here's some noteworthy material:
"Most advanced economies do not need to tighten before 2011, because tightening sooner could undermine the fledgling recovery, but they should not add further stimulus."
"Monetary policy remains an important policy lever. Given subdued inflation pressures, monetary conditions can remain highly accommodative for the foreseeable future in most advanced economies ... monetary policy should be the first line of defense in many advanced economies."
"Last but not least, the ongoing rebalancing of global demand must be supported by bold policy action"
Kyle
http://www.imf.org/external/pubs/ft/weo/2010/update/02/pdf/0710.pdf
The 2010 World Economic Outlook report is now released. Currently making my way through it, here's some noteworthy material:
"Most advanced economies do not need to tighten before 2011, because tightening sooner could undermine the fledgling recovery, but they should not add further stimulus."
"Monetary policy remains an important policy lever. Given subdued inflation pressures, monetary conditions can remain highly accommodative for the foreseeable future in most advanced economies ... monetary policy should be the first line of defense in many advanced economies."
"Last but not least, the ongoing rebalancing of global demand must be supported by bold policy action"
Kyle
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