Thursday, June 13, 2013

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PUBLISHED JUNE 14, 2013
G8 leaders likely to discuss role of central banks
[BERLIN] Leaders of the Group of Eight (G8) industrialised nations are likely to discuss the role of central banks and monetary policy at a summit in Northern Ireland next week, a German source said yesterday.
"It is understandable that there are different views of the role of central banks and monetary policy around the world," said the German official, noting that leaders of three eurozone countries, the United States, Britain, Japan, Russia and Canada, would represent a wide range of views.
"The introduction of looser monetary policy could form part of the discussions," the official told reporters.
A sell-off on global markets is accelerating as fears grow that central banks may start to scale back stimulus measures that helped push asset prices to historic highs this year.

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