Finance ministers and central bankers in Washington

Fri Oct 10, 2008 6:56pm BST
 
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WASHINGTON (Reuters) - Finance ministers and central bankers from around the globe are in Washington for weekend talks. Below are key quotes from the top finance officials.

CHRISTIAN NOYER, European Central Bank governing council member

"Our new monetary stance is in line with what is necessary, in current conditions, to fulfil our mandate."

"Declining oil and commodity prices, together with stagnant activity, have significantly altered the inflation outlook.

MERVIN KING, Bank of England governor

"Central banks will work together, as we demonstrated this week, to ensure sufficient short-term liquidity is provided to stabilise banking systems. But it is also vital that governments work together to ensure their banking systems are recapitalized to enable them to lend to finance spending in the real economy."

ALISTAIR DARLING, UK Chancellor of the Exchequer

"If international cooperation is going to mean anything, then it means that governments move on from simply agreeing a general approach...

"Firstly we need to agree on the provision of liquidity."  Continued...

 
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