🔴 IMF Chief Now Warns of Banking Turmoil | RTD Live Talk

The International Monetary Fund (IMF) issues a warning about global financial instability due to banking sector turmoil as rising interest rates put pressure on debts. Concerns that the European banking crisis has caused problems—first with Credit Suisse and now with Deutsche Bank facing liquidity risk—led U.S. Treasury Secretary Janet Yellen to preside over a private meeting of the Financial Stability Oversight Council.

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