The last mile: financial vulnerabilities and risks

The International Monetary Fund’s latest Global Financial Stability Report suggests that financial conditions have eased as investors and central banks expect global disinflation to be entering its last mile. However, this may be complicated by several salient near-term financial fragilities. Meanwhile, medium-term vulnerabilities are rising in global financial markets.

Fabio Natalucci, deputy director of monetary and capital markets at the IMF, joins Mark Sobel, US chair of OMFIF, to discuss the findings and policy recommendations in the latest GFSR as well as financial stability and markets more generally.