G-20 Stimulus Hopes Crushed After Jack Lew Says “Don’t Expect A Crisis Response”, Rally In Jeopardy

Wednesday, February 24, 2016
By Paul Martin

by Tyler Durden

“Don’t expect a crisis response in a non-crisis environment,” Jack Lew said in an interview broadcast Wednesday with David Westin of Bloomberg Television. “This is a moment where you’ve got real economies doing better than markets think in some cases.” He added that policy makers from the world’s biggest economies are unlikely to make the kind of detailed national commitments to restore growth they did to at the height of the global financial crisis.

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