Washington, DC – April 19, 2017

1. Wide IMF headquarters
2. Mid IMF entrance and sign
3. SOUNDBITE: (English) Tobias Adrian, Financial Counsellor and Director, Monetary and Capital Markets Department, IMF
“Since our last Global Financial Stability Report in October, financial stability has strengthened, but policy uncertainty is high. We at the IMF believe that policymakers need to get the policy mix right.”
4. Mid Adrian
5. SOUNDBITE: (English) Tobias Adrian, Financial Counsellor and Director, Monetary and Capital Markets Department, IMF
“Policy uncertainty reflects risks. At the IMF, we see two. In the U.S., concerns about fiscal policy could push up interest rates and global risk premia. Inward looking policies could lead to protectionism, harming global growth, spilling into emerging markets.”
6. Mid Adrian
7. SOUNDBITE: (English) Tobias Adrian, Financial Counsellor and Director, Monetary and Capital Markets Department, IMF
“Our analysis in the GFSR suggests four policy priorities. In the U.S., the economic benefits of stimulus need to be balanced against the buildup of leverage in the corporate sector. In Europe, structural weaknesses in the banking system need to be addressed. In emerging markets, resilience and the corporate and banking sectors need to be enhanced. Globally regulatory reform efforts of the financial sector need to be completed, particularly the Basel III enhancements.”
8. Mid IMF sign and traffic
9. Wide IMF entrance