G-20 governors should co-ordinate exit, says IMF

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Monetary policy should remain accommodative in the world's advanced economies to combat persistent output gaps and to provide a counterbalance to continuing fiscal consolidation, according to the International Monetary Fund's (IMF) report to the G-20 finance ministers and central bank governors, meeting this weekend in Sydney, Australia.

The report provides an overview of the Fund's concerns for the global economy, and includes advice for how emerging markets can best weather the turbulence

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