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Sabtu, 27 Februari 2016

G20: Communique has monetary policy, Brexit and refugee crisis on the warning list

Further to my previous posts here’s the key points from the G20 draft communique procured by Reuters and Bloomberg earlier today

– monetary policies will continue to support economic activity and ensure

price stability … but monetary policy alone cannot lead to balanced

growth

The official endorsement of concerns on Brexit will be welcome news for Osborne, Cameron  and all the Remain gangand will make it tough for BOE gov Carney to go against it seeing as his signature will be at the bottom of the communique. Remember however that it’s not the G20 or associated cronies that will decide our fate but the UK voters themselves.





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