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IMF STABILITY REPORT

Medium-term risks 'could hurt global financial stability'

IMF cautions that the world could slide into economic and financial stagnation
Thursday, October 6, 2016 - 05:50
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Continued rapid credit growth in China and expanding shadow banking products pose mounting risks to financial stability, says the IMF.

Washington

SHORT-term risks to global financial stability have abated in recent months, but medium-term risks are building, the International Monetary Fund (IMF) warned on Wednesday, citing "the risk of a gradual slide into economic and financial stagnation".

It said in its latest