IMF warns unprecedented central bank support may fuel instability

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Economic recovery from the pandemic could be at risk if markets remain too optimistic about the scale and duration of central bank support, according to the International Monetary Fund.

As part of its latest financial stability update, the IMF says central banks should continue to provide liquidity to markets, but need to be careful this support does not undermine financial stability.

“Central banks should carefully assess which markets are critical for maintaining financial stability and

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