The G20 called for transparency of increasing refinancing rates USA

The G20 called for transparency of increasing refinancing rates USA


The expected increase in the refinancing rate USA, which can be enhanced in 2015, should be as predictable, considered the leaders of “twenty”.

ANTALYA, 15 Nov. Leaders of “twenty” called for transparency and clarity increase the refinancing rate of the U.S., said Russian Sherpa in G20 Svetlana Lukash.

“It was noted that the expected increase in the refinancing rate of the USA should be as understandable, predictable. There were suggestions that the U.S. government has determined the dynamics of this increase,” she said.

The Federal reserve system of the USA, most likely, will raise the refinancing rate this year, said in late September the head of the regulator Janet Yellen.

Group of twenty (G20) is the Premier forum for discussing global economic and financial cooperation. The G20 brings together the largest developed and developing economies, which accounted for about 85% of world GDP. In 2013, the chairmanship in G20 were carried out by Russia, in 2014 it was replaced by Australia in 2015, this function was transferred to Turkey.