Financial Crisis Seen as a Distant Threat at IMF Meeting.

Banking leaders and policymakers at the International Monetary Fund's spring meetings downplayed the likelihood of an imminent financial crisis, despite concerns about the US-led trade war impacting global market stability. While experts warn that the trade war could trigger a crisis, many attendees disagreed, citing increased capital levels in major banks and differences in current financial conditions compared to past crises. Some regulators worry that the industry's resilience may lead to calls for deregulation, while others emphasize the importance of maintaining smart regulations in the financial sector to prevent instability. [Extracted from the article]

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