This is a short but interesting news article that was published on Reuters recently. I will paste it below and then a few brief comments.========================================================
"China and the United States agreed to push forward reforms at the International Monetary Fund (IMF) to increase quotas for emerging economies, China's vice premier Wang Yang said on Tuesday.
The United States also will fully consider the impact that normalizing monetary policy will have on international markets, he added, at the end of high-level talks between China and the United States in Beijing."
My added comments: For such a brief article this one has two pretty significant pieces of information. First we see that China and the US will agree to make another push at the IMF in further increase the quotas and influence of emerging nations that are IMF members.
The second item is interesting and adds evidence that there is pressure on the US Fed not to increase interest rates much if any. The phrase that the US "will fully consider the impact that normalizing monetary policy will have on international markets" is most likely a reference to any Fed policy that would increase interest rates (and also probably strengthen the US dollar). The BIS recently warned that a too strong dollar could be a threat to global systemic stability. The IMF has made similar types of comments.
Overall, the message seems to be that the US needs to understand that anything that strengthens the dollar at this point will add further stress to the global financial system.