Aug 03, 2022

G-7 central bankers’ statement on Coronavirus ‘reassuring’, but there is little room left for them, say experts

The G-7 conference call is over and the central bankers have not delivered any concrete policy action, it is a statement of intent – “Given the potential impacts of COVID-19 on global growth, we reaffirm our commitment to use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks”.

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