- Uncertainty has abated, but still a defining feature of our times
- FSR will focus on three big risks; first is about risk of financial market corrections
- There is a risk of abrupt shift in sentiment
- Fiscal challenge also a key vulnerability
- Banks may face deterioration of credit quality
- Banks resilience underpinned by profits, capital
- Adverse economic shocks could lead to rising corporate defaults
In terms of monetary policy, he’s not saying anything new here as he’s just repeating the same old stuff. It’s curious though that central bankers continue to comment on the risk of financial market corrections (AI bubble fears).
This article was written by Giuseppe Dellamotta at investinglive.com.
