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The Economic Times
The Economic Times
Business
Anupam Nagar

Fed Chair Warsh sees global investment surge replacing savings glut

US Federal Reserve Kevin Warsh G20 Economy Monetary Policy Scott Bessent United States Inflation Economic Growth Treasuries

US Federal Reserve Chair Kevin Warsh told G20 finance leaders that the global economy is experiencing a shift from a prolonged savings glut towards a broad-based investment surge, a development that could support stronger economic growth and productivity.

According to a report by Reuters, Warsh made the assessment on Monday at the G20 finance leaders' opening plenary session in Asheville, North Carolina. The meeting marked his first international economic policy gathering since becoming head of the U.S. central bank in May.

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