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Eric Martin
International Monetary Fund warned that financial risks could intensify in the coming months and urged policymakers to better manage the dangers from non-bank financial institutions that can spill into emerging markets.
Years of low interest rates, low volatility and ample liquidity have created pockets of elevated financial vulnerability as trends reverse, the world’s financial firefighter said in a blog released on Tuesday to accompany an analytical chapter of its Global Financial Stability Report due next week.
