Financial stability never comes easy, but the past few months have been especially challenging with persistently high inflation and two bank failures in the United States that exposed vulnerabilities lurking beneath the surface. The latest Global Financial Stability Report (GFSR) examines all the worrying trends including the potential economic impact of rising geopolitical tensions. Fabio Natalucci heads the GFSR. In this podcast, he says while regulatory changes put in place after the Global Financial Crisis have made the financial system more resilient, recent events may be a harbinger of more systemic stress to come.
Read the full report at IMF.org/GFSR