IMF urges ‘comprehensive approach’ to growth that reduces reliance on monetary policy
International Monetary Fund calls for coordinated policy response
The International Monetary Fund has called for "bold multilateral actions" to boost growth and contain risk in the global economy, ahead of the G-20 meetings next week.
The G-20 finance ministers and central bank governors meet in China on February 26. Accommodative monetary policy "remains essential" where inflation is "still well below" central banks' targets, the IMF has said.
"However, a comprehensive approach is needed to reduce over-reliance on monetary policy," it argued. Fiscal policy
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