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Communique will not urge Fed against rate hikes: G20 delegate

Published 09/04/2015, 02:58 AM
Updated 09/04/2015, 03:07 AM
© Reuters. Federal Reserve building in Washington

ANKARA (Reuters) - Emerging markets have voiced concern about the possibility and timing of rate hikes by the Federal Reserve but a G20 communique from a meeting of finance chiefs in Turkey will not urge the U.S. central bank against such moves, a delegate said on Friday.

"There will be no language saying the Fed shouldn't move," the delegate told Reuters as two days of meetings got underway in the Turkish capital Ankara.

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