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G20 members agree to minimize impacts of Fed’s raising interest rates

JAKARTA, Feb. 18 (Xinhua) — Finance leaders from the Group of 20 (G20) agreed on realizing a well calibrated, well planned, well communicated normalization in the monetary policy to minimize the impacts of the Fed’s raising interest rates.

The consensus was made on Friday evening during the second day of the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Jakarta, with Indonesia serving as t