Low interest rates adding to high global stability risks – IMF
Monetary policy-makers must look at both short- and medium-term stability risks, says Tobias Adrian
Risks are already at historic highs in several systemically important economies and are likely to increase yet further if global financial conditions remain accommodative, the International Monetary Fund warns in its April Global financial stability report, published today (April 10).
The risks from overvalued assets, high levels of corporate and government debt and leveraged lending have been elevated since its October 2018 report was published, says the IMF. The recent tightening in financial
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