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Medium-term risks 'could hurt global financial stability'

IMF cautions that the world could slide into economic and financial stagnation

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Published Wed, Oct 5, 2016 · 09:50 PM

    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 Global Financial Stability Report that, in such a situation, "financial institutions struggle to sustain healthy balance sheets, which weakens economic growth and financial stability".

    IMF

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