Coronavirus Stimulus Spending Consensus Eludes Global Leaders - News Summed Up

Coronavirus Stimulus Spending Consensus Eludes Global Leaders


WASHINGTON—Early in the coronavirus pandemic, global policy makers were united around the need for massive fiscal stimulus to inoculate their economies and bring them back to health. Seven months later, the outlook has improved, but the rebound is showing signs of cooling. As finance ministers and central bankers gather virtually this week for the annual meetings of the International Monetary Fund and World Bank, that unity is faltering. Agreement on the need for more spending will be crucial, economists say.


Source: Wall Street Journal October 12, 2020 12:22 UTC



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