The October 2016 Global Financial Stability Report (GFSR): The current report finds that short-term risks to global financial stability have abated since April 2016, but that medium-term risks continue to build. The April 2019 Global Financial Stability Report (GFSR) finds that despite significant variability over the past two quarters, financial conditions remain accommodative. been uneven. The April 2018 Global Financial Stability Report (GFSR) finds that short-term risks to financial stability have increased somewhat since the previous GFSR. If policy developments in advanced economies make the path for growth and debt less benign than expected, risk premiums and volatility could rise sharply. A Decade after the Global Financial Crisis: Are We Safer? This report summarizes the Federal Reserve Board’s framework for assessing the resilience of the U.S. financial system and presents the Board’s current assessment. Global Financial Stability Report April 2018: A Bumpy Road Ahead. Emerging markets have generally improving fundamentals, but could be vulnerable to sudden tightening of global financial conditions. It documents large differences in household debt-to-GDP Decisive monetary, financial, and fiscal policy actions—aimed at containing the fallout from the pandemic—managed to stabilize investor sentiment in late March–early April, with markets paring back some of their losses. grappling with legacy issues and business model challenges, where progress has It also looks at whether shifts in market structure and risks in the global financial system since the crisis have been in the direction the new regulatory agenda intended, that is, toward greater safety. In the United States, policymakers should provide incentives for economic risk taking while guarding against excessive financial risk taking. In the United States, policymakers should provide incentives for economic risk taking while guarding against excessive financial risk taking. The October 2016 Global Financial Stability Report (GFSR): The current report finds that short-term risks to global financial stability have abated since April 2016, but that medium-term risks continue to build. Date: 30 Jul 2020. continues to strengthen in response to extraordinary policy support, regulatory are shifting to the nonbank sector and market risks are rising. beyond their traditional habitats. 23 November 2020 The implications of climate change for financial stability 20 November 2020 Reforming Major Interest Rate Benchmarks: 2020 Progress report 18 November 2020 2020 Resolution Report: “Be prepared” It documents large differences in household debt-to-GDP Economic activity has gained momentum and longer-term interest rates have risen, helping to boost the earnings of banks and insurance companies. Policymakers at both the national and global level will 2 The report primarily focuses on banking risks. World Economic Outlook, October 2020: A Long and Difficult Ascent, Global Financial Stability Report: Bridge to Recovery, Fiscal Monitor: Policies for the Recovery. The solvency of many life insurance companies and pension funds is threatened by a prolonged period of low interest rates. But the outlook remains highly uncertain, and vulnerabilities are rising, representing potential headwinds to recovery. Small and medium-sized enterprises (SMEs) are more vulnerable than large firms with access to capital markets. Decisive monetary, financial, and fiscal policy actions—aimed at containing the fallout from the pandemic—managed to stabilize investor sentiment in late March–early April, with markets paring back some of their losses. Chapter 1 describes how financial conditions tightened abrubtly with the onset of the pandemic, with risk asset prices dropping sharply as investors rushed to safety and liquidity. Description: have to strengthen the financial and macroeconomic policy mix. major advanced and emerging market economies. After the outbreak, firms’ cash flows were adversely affected as economic activity declined sharply. As the crisis unfolds, corporate liquidity pressures may morph into insolvencies, especially if the recovery is delayed. Global Financial Stability Report: Getting the Policy Mix Right, IMF Global Financial Stability Report: October 2016: Fostering Stability in a Low-Growth, Low-Rate Era. Central banks should continue to normalize policy gradually and communicate clearly, while policymakers should address vulnerabilities by deploying and developing macroprudential tools. The October 2018 Global Financial Stability Report (GFSR) finds that global near-term risks to financial stability have increased somewhat, reflecting mounting pressures in emerging market economies and escalating trade tensions. implications for economic growth and financial stability of the past decades’ An intensification of concerns about emerging markets, a broader rise in trade tensions, the realization of political and policy uncertainty, or a faster-than-expected tightening in monetary normalization could all lead to a sharp tightening in financial conditions. In addition, a shift toward protectionism in advanced economies could reduce global growth and trade, impede capital flows, and dampen market sentiment. It reviews the main precrisis failings in financial sector oversight and assesses the progress in implementation of the reform agenda designed to address these failings. ratios across countries but a common increasing trajectory that was moderated These risks, while still moderate, could increase significantly. A lack of income growth and a rise in inequality have opened the door for populist, inward-looking policies. Description: It finds that, despite the significant impact on domestic financial conditions of global shocks, countries retain influence to achieve domestic objectives—specifically, through monetary policy. but not reversed by the global financial crisis. The chapter finds a striking increase in house price synchronization across the countries and cities. © Reserve Bank of India. Banks have strengthened their balance sheets since the crisis, but parts of the system face a structural US dollar liquidity mismatch that could be a vulnerability. 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