Financial markets

From 1980s Debt Crisis to Crypto Era, Financial Stability Monitoring is Always Evolving

IMFBlog2022-06-22T09:06:04-04:00June 22, 2022|

The IMF’s Global Financial Stability Report, introduced in 2002, was a step toward a more comprehensive assessment of risks in financial markets and cross-border capital flows.

Chart of the WeekDollar Dominance and the Rise of Nontraditional Reserve Currencies

IMFBlog2022-06-06T12:38:44-04:00June 1, 2022|

The US dollar has long played an outsized role in global markets. It continues to do so even as the American economy has been producing a shrinking share of global output over the last two decades.

Financial Stability Risks Grow as War Complicates Push to Contain Inflation

IMFBlog2022-04-20T10:01:03-04:00April 19, 2022|

While no systemic event has materialized so far, the balance of risks has tilted more firmly to the downside.

Emerging-Market Banks’ Government Debt Holdings Pose Financial Stability Risks

IMFBlog2022-04-18T13:46:16-04:00April 18, 2022|

Banks’ holdings of sovereign debt rise to a record as governments spend to cushion pandemic impact.

First Global Bank Stress Test Highlights Increased Financial Resilience

IMFBlog2022-04-06T10:30:09-04:00April 6, 2022|

The world’s banking systems saw significant capital increases ahead of the pandemic and are resilient to very large shocks.

Why the IMF is Updating its View on Capital Flows

IMFBlog2022-04-04T12:02:55-04:00March 30, 2022|

In some circumstances, countries should have the option of pre-emptively curbing debt inflows to safeguard macroeconomic and financial stability.

Low Real Interest Rates Support Asset Prices, But Risks Are Rising

IMFBlog2022-02-01T10:40:54-05:00January 27, 2022|

A large and sudden jump in real interest rates could lead to a further selloff in stocks.

Emerging-Market Central Bank Asset Purchases Can Be Effective but Carry Risks

IMFBlog2022-01-10T11:49:25-05:00January 5, 2022|

Asset purchases can be an effective tool, but it is critical to minimize risks to central bank independence and price stability.

Chart of the WeekThe World’s Top Recipients of Foreign Direct Investment

IMFBlog2021-12-20T13:14:18-05:00December 16, 2021|

A Japanese automobile manufacturer builds an assembly plant in Mexico. An Italian software company opens a sales office in Kenya to reach the Kenyan market with their services.

Global Crypto Regulation Should be Comprehensive, Consistent, and Coordinated

IMFBlog2021-12-21T15:42:15-05:00December 9, 2021|

The IMF’s mandate is to safeguard the stability of the international monetary and financial system, and crypto assets are changing the system profoundly.