Sat, Jul 20, 2013 10:17 AM EDT 0:58
The Group of 20 nations put growth ahead of austerity, seeking to rebalance a multi-speed global economy and pledging to shift policy carefully so recovery is not derailed by volatile financial markets. Russia's finance minister said G20 policymakers have soft-pedaled on goals to cut government debt in favor of a focus on growth and how to exit central bank stimulus with a minimum of turmoil. U.S. Federal Reserve Chairman Ben Bernanke says it's ?way too early to make any judgment? about a potential decision to start reducing the central bank?s volume of asset purchases. Bernanke, appearing before the Senate a day after testifying before the House, largely repeated the themes and often the words from his previous testimony.