The International Monetary Fund (IMF) has warned that global financial stability risks have intensified, fuelled by tightening financial conditions, ongoing geopolitical tensions, and uncertainty in global trade.
The warning was issued in its latest ‘Global Financial Stability Report,’ which outlines mounting vulnerabilities across capital markets, nonbank financial institutions (NBFIs), and sovereign debt markets.
“We assess that global financial stability risks have grown significantly,” the IMF stated, “It is driven by tighter financial conditions and heightened trade and geopolitical uncertainty.”