Tobias Adrian

In a world of frequent shocks, central bank communications should anchor expectations by explaining how policy responds to changing conditions, rather than committing to a fixed path, says the IMF

In a world of frequent shocks, central bank communications should anchor expectations by explaining how policy responds to changing conditions, rather than committing to a fixed path, says the IMF

The IMF says stronger oversight, better data, and deeper coordination are needed to safeguard faster and more interconnected markets

The IMF says stronger oversight, better data, and deeper coordination are needed to safeguard faster and more interconnected markets

The IMF says policy choices will determine whether tokenised finance strengthens or fragments the financial system

The IMF says policy choices will determine whether tokenised finance strengthens or fragments the financial system

The IMF says resilience, supervision, and international coordination are essential to safeguarding global financial markets as new AI tools enable attackers

The IMF says resilience, supervision, and international coordination are essential to safeguarding global financial markets as new AI tools enable attackers

Diversification has become harder since 2020 as stocks and bonds tend to move in tandem during sharp selloffs, adding to financial stability concerns, notes the IMF

Diversification has become harder since 2020 as stocks and bonds tend to move in tandem during sharp selloffs, adding to financial stability concerns, notes the IMF

The IMF says new technology can foster innovation and financial inclusion, or cause fragmentation and turbulence in many countries

The IMF says new technology can foster innovation and financial inclusion, or cause fragmentation and turbulence in many countries

IMF wants policymakers to strengthen oversight of non-bank financial intermediaries, whose increasing interconnectedness with banks could exacerbate adverse shocks

IMF wants policymakers to strengthen oversight of non-bank financial intermediaries, whose increasing interconnectedness with banks could exacerbate adverse shocks

Risks have risen as financial conditions tightened, with key vulnerabilities ahead, IMF warns

Risks have risen as financial conditions tightened, with key vulnerabilities ahead, IMF warns

Increased investor risk-taking could fuel vulnerabilities, warns the IMF

Increased investor risk-taking could fuel vulnerabilities, warns the IMF

Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term fiscal trends and financial stability, says the IMF

Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term fiscal trends and financial stability, says the IMF

Elevated inflation means central banks may have to keep policy rates higher in a way that stretches the capacity of borrowers to repay debt, says the IMF

Elevated inflation means central banks may have to keep policy rates higher in a way that stretches the capacity of borrowers to repay debt, says the IMF

The IMF says financial-sector assessments are gauging the effects of elevated borrowing costs, and the prospect that central banks may keep policy rates higher for longer than investors expect

The IMF says financial-sector assessments are gauging the effects of elevated borrowing costs, and the prospect that central banks may keep policy rates higher for longer than investors expect

Central banks may keep interest rates higher for longer than currently priced; given investors’ benign inflation outlook and growing expectations for a soft landing, this could increase financial stability risks and weigh on growth

Central banks may keep interest rates higher for longer than currently priced; given investors’ benign inflation outlook and growing expectations for a soft landing, this could increase financial stability risks and weigh on growth

Establishing effective policies has become a priority for authorities amid the failure of some exchanges and collapse of certain crypto assets, the IMF says

Establishing effective policies has become a priority for authorities amid the failure of some exchanges and collapse of certain crypto assets, the IMF says

A new kind of multilateral platform could improve cross-border payments, leveraging technological innovations for public policy objectives, the IMF says

A new kind of multilateral platform could improve cross-border payments, leveraging technological innovations for public policy objectives, the IMF says