Article Q6AQ Western economies are still too weak to cope with Fed rate rise, says China

Western economies are still too weak to cope with Fed rate rise, says China

by
Reuters
from Economics | The Guardian on (#Q6AQ)

US Federal Reserve has 'global responsibilities' to ensure that monetary policy is kept loose, says Lou Jiwei ahead of the IMF annual meeting in Lima

The slow recovery of western economies means the US Federal Reserve should not raise interest rates yet, according to the Chinese finance minister.

Related: The Fed must ignore accusations of dithering over interest rates

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