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Posts Tagged ‘coordinated monetary measures’

Looks like this G20 meeting is going to be very “interesting” and maybe a turning point…

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Russia to `Insist’ U.S. Coordinate With G-20 Members on Monetary Measures

Russian President Dmitry Medvedev will “insist” on global coordination of any so-called quantitative easing measures by government when he meets with counterparts from the Group of 20 nations this week.

Such actions will need to be planned in advance in order to avoid creating risks for other markets and economies, senior Kremlin economic adviser Arkady Dvorkovich told reporters in Moscow today.

Russia will also argue against instituting targets on current account surplusses or deficits, Dvorkovich said.

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