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December, 11, 2016

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IMF reports global financial reform stuck in growth slump

WASHINGTON -- The global financial system remains "overly complex" as reforms bog down in the post-recession economic slump, the IMF warned in a report Tuesday.

And central banks' record-low interest rates may be creating future problems by encouraging excessive risk-taking, the very behavior that reforms are trying to curb, the International Monetary Fund said in its latest Global Financial Stability Report.









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