"Just because the Stock Market goes up does not mean your saved."
WASHINGTON—The uneven global recovery continues apace but sovereign debt and financial sector risks, particularly in Europe, could threaten global stability, the International Monetary Fund said Tuesday.
A pair of reports released by the fund suggested that advanced economies are still struggling to move past the recent financial crisis, while growing emerging economies are showing signs of overheating and inflationary pressures.
Policy makers around the globe need to address these issues, including through the expansion of the rescue fund for the euro area, or risk a faltering recovery, the IMF said.
"A host of measures are needed in different countries to reduce vulnerabilities and rebalance growth in order to strengthen and sustain global growth in the years to come," the fund said.
IMF: Instability Threatens Recovery - WSJ.com
WASHINGTON—The uneven global recovery continues apace but sovereign debt and financial sector risks, particularly in Europe, could threaten global stability, the International Monetary Fund said Tuesday.
A pair of reports released by the fund suggested that advanced economies are still struggling to move past the recent financial crisis, while growing emerging economies are showing signs of overheating and inflationary pressures.
Policy makers around the globe need to address these issues, including through the expansion of the rescue fund for the euro area, or risk a faltering recovery, the IMF said.
"A host of measures are needed in different countries to reduce vulnerabilities and rebalance growth in order to strengthen and sustain global growth in the years to come," the fund said.
IMF: Instability Threatens Recovery - WSJ.com