IMF GFSR PRESSER

ID

536193

SHOOT DATE

10 Apr 2019

SHOOT LOCATION

Washington, DC, United States

DESCRIPTION
Edited Package
SHOTLIST
Washington, DC Wednesday -- 10 April 2019


1. Wide IMF officials before briefing on Global Financial Stability Report
2. Mid journalists during briefing
3. Close IMF Financial Counselor Tobias Adrian holding Global Financial Stability Report and welcoming journalists
4. Close journalist taking photo
5. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“After years of economic expansion, global growth is slowing, sparking concerns about a deeper downturn. The credit cycle is maturing, financial vulnerabilities continue to build in many countries and could amplify a slowdown.”
6. Wide IMF officials at briefing
7. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“In advanced economies, corporate debt and financial risk-taking have increased. The creditworthiness of borrowers has deteriorated. So-called leveraged loans to highly indebted borrowers continue to be of particular concern.”
8. Mid reporters in news conference
9. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“In the euro area, fiscal challenges remain in countries that have worries about the sovereign financial sector nexus. If sovereign yields were to rise sharply banks with large holdings of government debts could face significant losses. Insurance companies could also face losses on their bond portfolios.”
10. Wide journalists
11. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“In China, authorities face a difficult trade-off between supporting growth in the face of external shocks and containing leverage through regulatory tightening.”
12. Close reporter asking question
13. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“What we find is that in close to 30 percent of both advanced and emerging markets, house prices are at risk at a similar magnitude as what we saw in 2007 prior to the financial crisis in the U.S. So there is an increased level of housing at risk in many countries.”
14. Wide IMF officials at end of briefing
USAGE RIGHTS/RESTRICTIONS
IMF content shall not be edited or modified in a manner intended to create a false or misleading version of the underlying material.

CONTACTS

  • Brian Walker
    Media Relations Officer
    United States
    +1 (202) 623-7381
    +1 (202) 286-5839