IMF Global Financial Stability Report

ID

582147

SHOOT DATE

06 Apr 2021

SHOOT LOCATION

Washington, DC, United States

PRODUCTION COMPANY

IMF

DESCRIPTION
IMF Global Financial Stability Report
SHOTLIST
Washington, DC – Recent
1. B-ROLL: Exterior IMF

Washington, DC --- 6 April 2021
2. Wideshot IMF news conference
3. SOUNDBITE: (English) Tobias Adrian, IMF Head of Monetary and Capital Markets Department:
“The global economy is beginning to emerge from the economic shock caused by the Covid-19 virus. The economy has benefited from extraordinary policy measures that have eased financial conditions, preventing a deeper economic downturn. But those actions may have unintended consequences. Valuations for risk assets have become stretched. Financial vulnerabilities have intensified. Continuing policy support remains necessary, but a range of policy measures are needed to address vulnerabilities and to protect economic recovery.”
4. Reporter cutaway
5. SOUNDBITE: (English) Tobias Adrian, IMF Head of Monetary and Capital Markets Department:
“The IMF has a large balance sheet and has large financing capacities to assist our membership. To date, we have provided rapid financing to a very, very large number of countries. This is the largest and broadest rapid financing roll out that we have ever done at the IMF. And we stand ready with additional financing to any members who need it.”
6. Reporter online cutaway
7. SOUNDBITE: (English) Tobias Adrian, IMF Head of Monetary and Capital Markets Department:
“There's a question about the balance of wanting to stimulate credit supply and the re-start of the economy while making sure that it's safe. And we do see valuations that are stretched in some segments. Of course, the run up in the valuations of Bitcoins has been spectacular this year, and there's certainly uncertainty about future valuations that are very relevant.”
8. Midshot cutaway
9. SOUNDBITE: (English) Evan Papageourgio, IMF Deputy Division Chief MCM:
“A persistent and sudden increase in U.S. rates could have a strong impact on emerging markets as well, the analysis we have done. The report shows that a one percentage point increase in US and premia can have up to one percentage point increase as well for the emerging market and premia if these are associated as well with an increase in inflation expectations, as has been the case for some emerging markets in recent weeks. And that kind of have a destabilizing effect. And so that is in one other spillover, if you will, to emerging markets that authorities should guard against.”
Washington, DC – Recent
10. B-ROLL: IMF exterior
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