Economics

Trump, Gloomy Outlook Hit Finance Chiefs in Bali: World Economy This Week

Water surrounds a mosque following the tsunami in Palu, Central Sulawesi.Photographer: Putu Sayoga/Bloomberg
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Central bankers from around the world jumped to the U.S. Federal Reserve’s defense in Bali after President Donald Trump accused the central bank of going “loco.” But some economists says what’s at risk of getting lost in the focus on the shift by central banks to quantitative tightening is how accommodative they still are.

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