Communique will not urge Fed against rate hikes: G20 delegate
Reuters
Published Sep 04, 2015 02:58AM ET
Communique will not urge Fed against rate hikes: G20 delegate
ANKARA (Reuters) - Emerging markets have voiced concern about the possibility and timing of rate hikes by the Federal Reserve but a G20 communique from a meeting of finance chiefs in Turkey will not urge the U.S. central bank against such moves, a delegate said on Friday.
"There will be no language saying the Fed shouldn't move," the delegate told Reuters as two days of meetings got underway in the Turkish capital Ankara.
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Written By: Reuters
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