Global Financial Stability: How stable are we?
Global financial stability continues to strengthen, thanks to extraordinary policy support, stronger banks, regulatory enhancements, and a cyclical upturn in growth. But vulnerabilities are building, leaving no room for complacency, according to the 2017 October edition of the IMF’s Global Financial Stability Report. Monetary accommodation, while necessary, is leading to rising asset valuations and higher leverage. Investors are searching for yield and taking on more risks. Some global banks still confront challenges in adapting business models and sustaining profitability. Risks are shifting to the non-bank sector and market risks are rising. The GFSR calls for careful policy actions now to avoid putting growth at risk.
Speaker:
Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department, International Monetary Fund
Discussant:
Marco Buti, Director General for Economic and Financial Affairs, European Commission
Moderator:
Daniel Gros, Director, CEPS
Registration
- Free participation in this meeting is a benefit of CEPS/ECMI membership. EU/national officials, full-time academics, PhD students (subject to available seats), NGOs (not representing industry sectors or a commercial interest) and press benefit from free entrance, too.
- Non-members may be admitted for €50, paid in cash at registration.
- A sandwich lunch will be served from 12.30 onwards.