Financial-Stability Risk Rising to Crisis-Like Level, IMF Says

According to the International Monetary Fund, as the world economy deals with the effects of the coronavirus pandemic and Russia's invasion of Ukraine

the chances of the collapse of the global financial system have increased to levels only witnessed during previous crises.

The Washington-based group advised central banks to carefully and precisely calibrate their essential efforts to lower sky-high inflation on Tuesday

highlighting the risk of abrupt, disorderly decreases in the price of stocks and other assets.

In the foreword to the most recent Global Financial Stability Report from the Fund

IMF Financial Counsellor Tobias Adrian stated that "the global situation is precarious."


Follow us on

Wealth Baba


Bailey Risks BOE Credibility in Vow to End Gilt Buying