2014 readers choice results
Article updated: 9/6/2013 10:00 AM

G-20 leaders pledge to withdraw stimulus with care

  • Article
text size: AAA
By Associated Press

ST. PETERSBURG, Russia -- Leaders of the world's 20 biggest economies have pledged to withdraw their stimulus measures carefully following global concern about the U.S. Federal Reserve's plan to wind down its bond-buying program.

Stock and currency markets in emerging economy countries have recently been rattled by the prospect of the Fed scaling back its policy of quantitative easing.

Advertisement

The G-20 leaders, including the U.S., sought to assuage those fears Friday when they pledged in a joint communiqué to remain "mindful of the risks and unintended negative side effects of extended periods of monetary easing."

"Our central banks have committed that future changes to monetary policy settings will continue to be carefully calibrated and clearly communicated," the statement said.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Business Video
Area Business Calendar

BusinessDirectory

Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

Don't see your town listed? Visit our full directory to begin your search.

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity