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

Eren Sengezer FXStreet

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

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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