EconomyPolicy

IMF Warns of Financial Instability as Private Credit Risks Mount

Global financial leaders gathered in Washington amid growing concerns about private credit risks and market stability. IMF managing director Kristalina Georgieva expressed particular worry about the “shadow banking” sector’s potential to trigger systemic problems.

Global Financial Leaders Confront Mounting Economic Concerns

Finance ministers and central bank governors gathered in Washington this week for high-level meetings as the International Monetary Fund issued stark warnings about growing vulnerabilities in the global financial system. According to reports from the meetings, policymakers expressed particular concern about complacent markets, private credit risks, and ongoing trade tensions.