IMF Global Financial Stability Report

ID

563227

SHOOT DATE

25 Jun 2020

SHOOT LOCATION

Washington, DC, United States

PRODUCTION COMPANY

IMF

DESCRIPTION
IMF Global Financial Stability Report
SHOTLIST
Washington, DC --- 22 June 2020
1. Wideshot of closed IMF Headquarters, various street scenes

Washington, DC --- 25 June 2020
2. Wideshot of IMF team in studio
3. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Department Director / Financial Counselor:
“We estimate that central banks balance sheets have increased by over six trillion (USD) in just three months. Such unprecedented actions could have unintended consequences, such as fueling asset valuations beyond fundamental values simply on expectations of lasting support by policy makers.”
4. Cutaway Wideshot
5. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Department Director / Financial Counselor:
“The unprecedented rise of unconventional tools has surely cushioned the pandemic's blow to the global economy, thus reducing the immediate danger to the global financial system. However, policymakers should be attentive to possible unintended consequences, such as the continued build-up of vulnerabilities in an environment of easy financial conditions. The expectation of continued support from central banks could turn already stretched asset valuations into vulnerabilities. That is especially bothersome in the context of financial systems and corporate sectors that are depleting their buffers during the pandemic.”
6. Cutaway Wideshot
7. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Department Director / Financial Counselor:
“So the easing of financial conditions via monetary policy should be accompanied by a careful assessment of prudential policies, not just in the financial sector and the nonbank financial sector in particular, but also in the corporate household and sovereign sector.”
8. Cutaway Wideshot
9. SOUNDBITE: (English) Tobias Adrian, IMF Monetary and Capital Markets Department Director / Financial Counselor:
“We at the Fund remain deeply engaged with many countries in the region in order to help to stem the adverse consequences of this pandemic. And indeed, globally, we have just accomplished over 70 rapid financing facilities for countries around the world, many of which are in sub-Saharan Africa.”

Washington, DC --- 22 June 2020
10. Exterior street scene of IMF Headquarters
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