Germany's FinMin Schaeuble: We need to prepare for normalisation of monetary policy

Germany's Finance Minister Wolfgang Schaeuble is on the wires now, via Reuters, saying that they need to prepare for normalization of the monetary policy.

Key quotes (via Reuters): 

  • Broad consensus has not changed at G20 meeting in Washington
  • Global economic outlook promising
  • Downside risks, long-term growth prospects are modest
  • Broad agreement in the direction of free trade is better for global growth
  • We are optimistic (about free trade discussions)
  • Greek numbers much better than judged by IMF