IMF April 2014 Communique

http://www.lse.co.uk/macroeconomicNews.asp?code=9iq8zu7c&headline=TEXTIMF_steering_committee_April_2014_communique

Goal: To create a balances, stable and dynamic economy.

• There's growth in the Euro, but it's still fragile.
• Many advanced economies: inflation is below the target and will likely remain so.
• Emerging markets: Growth has moderated but will strengthen gradually.
• Low income economies: Growth has remained resilient.
• Unemployment: High in many countries.
• Monetary policy in advanced economies should provide necessary accommodation.
• Continued tapering of asset purchases by the Fed remains appropriate.
• The ECB should continue with its policies but should act if the inflation keeps declining.
• Emerging economies with no inflationary pressures should use accomodative monetary policies in response to growth slowdown.