IMF: Persistent inflation could trigger instability

The International Monetary Fund is commenting in its Global Financial Stability Report:

• International Monetary Fund notes that confidence in an economic ‘soft landing’ is growing in financial markets, but persistent inflation could trigger instability.
• In its Global Financial Stability Report, IMF suggests that central banks should avoid premature policy easing.
• IMF comments that the banking sector overall appears well-positioned to weather commercial real estate stress, but some firms and regions could face ‘painful losses’.
• IMF urges financial firms and regulators to further build safeguards against the growing rate of cyberattacks.
• IMF states that opacity and a lack of data in the growing private credit market pose a potential risk to the financial system

This article was written by Greg Michalowski at www.forexlive.com.