By Alan Beattie in Washington and Joe Leahy in São Paulo
The statement on Sunday by the Group of Seven rich countries pledging to “take all necessary measures” to support financial stability was largely dismissed by market participants and economists, who said it was a bland attempt at reassurance with little policy content.
The statement on Sunday by the Group of Seven rich countries pledging to “take all necessary measures” to support financial stability was largely dismissed by market participants and economists, who said it was a bland attempt at reassurance with little policy content.
