Two-Speed World Weighs on G-7 With Inflation Fading Unevenly

  • Meeting in Italy is looking at transatlantic divergence
  • 2023 communique stressed need to clearly communicate policies
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A two-speed global economy skewed by US strength is overshadowing this week’s Group of Seven meeting as officials confront the prospect of less synchronized monetary policies.

Finance ministers in the lakeside resort of Stresa on Friday are weighing the durability of America’s growth momentum against the perennial sickliness of Europe’s expansion — colored by nearby geopolitical tensions — and pondering the implications for financial markets.