IMF GLOBAL FINANCIAL STABILITY REPORT PRESSER

ID

550122

SHOOT DATE

16 Oct 2019

SHOOT LOCATION

Washington, DC, United States

PRODUCTION COMPANY

IMF

DESCRIPTION
IMF GLOBAL FINANCIAL STABILITY REPORT PRESSER
SHOTLIST
Washington, DC Wednesday -- 16 October 2019

1. Wide IMF officials before briefing on Global Financial Stability Report
2. Close journalist taking photo
3. Close IMF Financial Counselor Tobias Adrian holding Global Financial Stability Report
4. Mid journalists during briefing
5. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“Loose financial conditions have encouraged investors to take more risks in the quest to achieve their return targets. Valuations appear stretched in some important markets, including equity and credit markets in both emerging and frontier as well as advanced economies.”
6. Wide journalists at briefing
7. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“As a result of easier financial conditions and stretched asset valuations, vulnerabilities have continued to intensify, putting growth at risk in the medium term.”
8. Mid reporter reading Global Financial Stability Report
9. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“The search for yield among institutional investors, such as insurance companies, asset managers and pension funds has led them to take on riskier and less liquid securities. These exposures may act as amplifiers to shocks. In addition, corporations are taking on more debt and their ability to service that debt is weakening.”
10. Mid reporter asking question
11. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Director:
“In the event of a material economic slowdown, the prospects would be sobering. Debt owed by firms unable to cover interest expenses with earnings, which we refer to as corporate debt at risk, could rise to $19 trillion in a scenario that is just half as severe as the global financial crisis.”
12. Mid reporters
13. Wide IMF officials at end of briefing
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CONTACTS

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