Monetary policy to remain loose to support recovery

摘要

1. The global economic recovery has broadened out over the last few months to include most of the major industrialised countries, and emerging market growth has remained firm. In addition, there has been a substantial improvement in financial market conditions, with stress levels sharply down from their peak levels and a number of key indicators having returned to essentially normal levels.rn2. There has also been a marked turnaround in the health of the global banking sector, with US banks proving able to repay a substantial portion of the assistance they received at the height of the financial crisis.