IMF's Lagarde: Resolving trade tensions 'immediate priority' for G20

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WASHINGTON: The global economy is at a 'delicate juncture' which will require central banks to maintain stimulus and governments to resolve trade ...

WASHINGTON: The global economy is at a"delicate juncture" which will require central banks to maintain stimulus and governments to resolve trade disputes quickly, the International Monetary Fund warned Wednesday .

The finance officials are meeting just weeks after US-China talks collapsed amid accusations of broken promises and another exchange of punishing tariffs.Advertisement "With the global economy remaining at a delicate juncture, the policy mix must be carefully calibrated," the IMF said. However, Lagarde said that rebound"remains precarious," and the US-China tariffs could trim 0.5 percentage point off global GDP next year.

 

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