IMF Global Financial Stability Report October 2021 Forecast

IMF Global Financial Stability Report October 2021 Forecast

The IMF is warning in its latest Global Financial Stability Report that Covid-19’s lingeringimpact is fading optimism among investors, which could lead to financial tightening in the medium term, Tuesday (October 12).

“Amid the prolonged and painful pandemic, financial stability risks have been contained so far. Financial conditions have eased since the start of the pandemic. This reflects the continuing monetary and fiscal support for the economy, which helped spur a rebound from 2020. Yet the sense of optimism which had propelled markets in the first half of the year has faded somewhat,” said Tobias Adrian, the IMF’s Financial Counsellor and Director of the Monetary and Capital Markets.  

Key world economic policymakers are gathering in Washington, DC for the Annual Meetings of the IMF and World Bank.