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Ray of Light: G-7 Finance Ministers Vow to Maintain Stimulus

Monday's upbeat data point concerns the G-7, which agreed over the weekend to maintain economic stimulus measures, even as institutional investors (among others) start clamoring for nations to address large budget deficits.

Meeting amid the frozen tundra of Iqaluit, Canada (as opposed to the almost equally frozen tundra of Washington, D.C.), Canada's Finance Minister Jim Flaherty said G-7 ministers "are mutually committed" to continuing stimulus, and will start looking at exit strategies after regional economies are on a sustainable growth track, Bloomberg News reported Monday.

Continue reading Ray of Light: G-7 Finance Ministers Vow to Maintain Stimulus

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Last updated: May 28, 2012: 11:45 AM

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