| IMF-Global Financial Stability Report-Enhancing Resilience amid Uncertainty
April 22, 2025-Global financial stability risks have increased significantly, driven by tighter global financial conditions and heightened trade and geopolitical uncertainty. Against the heightened volatility of asset prices, Chapter 1 assesses that global financial stability risks have increased significantly. |
| This assessment is supported by three key forward-looking vulnerabilities: (i) valuations remain high in some key markets; (ii) some highly leveraged financial institutions and their nexus with banking systems; and (iii) risks of market turmoil and challenges to debt sustainability for highly indebted sovereigns. |