uncertainty

G20 will use ‘all policy tools’ to lift growth as Brexit weighs

By William Schomberg and Elias Glenn CHENGDU, China (Reuters) – The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism. Philip Hammond, Britain's new finance minister, said the uncertainty about Brexit would begin to abate once Britain laid out a

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G20 will use ‘all policy tools’ to lift growth as Brexit weighs

uncertainty

Brexit a knockout punch to Fed’s interest rate divergence mantra

By Howard Schneider WASHINGTON (Reuters) – Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound to international economic conditions. Over the past 18 months the Fed has blinked more than once, and refrained from…

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Brexit a knockout punch to Fed’s interest rate divergence mantra