WASHINGTON, Nov. 24 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Tuesday that additional monetary stimulus may pose important risks to financial stability, urging fiscal policy to play a significant role in the post-pandemic recovery.
"Now, many central banks are going back to the lab, reviewing their frameworks to identify innovative strategies and tools that will support the recovery from this crisis and beyond," Georgieva said at an event discussing the consequences of "lower for longer" interest rates around the world.
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