MEXICO CITY (Reuters) - A draft communique being prepared for Group of 20 policymakers sees elevated risks to the global economy, including from potential fiscal tightening in the United States and Japan, a source familiar with the draft told Reuters on Sunday.
"Global growth remains modest and risks remain elevated, including due to possible delays in the complex implementation of recent policy announcements in Europe, a potential sharp fiscal tightening in the United States and Japan, weaker growth in some emerging markets and additional supply shocks in some commodity markets," the draft said, according to the source.
(Editing by Simon Gardner)
Trending On Reuters
As India launches an $18 billion plan to spread the information revolution to its provinces, the problems it faces are a holdover from the past - electricity shortages, badly planned, jam-packed cities, and monkeys. Full Article
RBI to leave repo rate on hold next week but cut 25 bps by end-June - Reuters poll Full Article