US, EU monetary policies should 'normalise'

Lima

EUROGROUP President Jeroen Dijsselbloem said monetary policies in the US and Europe should "normalise" and the Federal Reserve should be clearer on how it communicates its rate moves.

"If everyone is expecting a step, then putting it off sometimes doesn't help, but creates more expectations and makes it even more difficult to take it," Mr Dijsselbloem, who is also Dutch Finance Minister, said in a Bloomberg Television interview on Thursday in Lima.