Core Viewpoint - The global monetary policy has historically been independent and uncoordinated, but recent economic trends indicate a need for greater coordination among major economies due to their interconnectedness [1] Group 1: Global Monetary Policy Coordination - Zhou Xiaochuan, former governor of the People's Bank of China, highlighted that the global economic cycle and macroeconomic conditions have become more aligned in the 21st century [1] - Major economies' macroeconomic states now significantly influence each other, necessitating consideration of global impacts by reserve currency countries [1] - Currently, there is no institution responsible for global macroeconomic policy coordination, resulting in a "three no" situation: no institution, no tools, and no consensus [1]
周小川:全球宏观政策协调没有形成共识
news flash·2025-06-18 06:32