Banking | December 2025The Discretion DilemmaBank supervision emerged not from deliberate design but incremental adaptationFABIO NATALUCCIFinancial markets | PodcastGlobal Financial Stability Report- October 2023Most economies have shown resilience through the steepest series of rate hikes in decades. But inflation remains stubbornly high in some countries, which is proving a challenge for global monetary policy going forward. FABIO NATALUCCIFinancial markets | PodcastGlobal Financial Stability Tested by Higher Inflation and Interest RatesFinancial stability never comes easy, but the past few months have been especially challenging with persistently high inflation and two bank failures in the United States that exposed vulnerabilities lurking beneath the surface.FABIO NATALUCCIInflation | PodcastGlobal Financial Stability: Navigating the High-Inflation EnvironmentRising risks to the inflation outlook and rapidly changing views about the likely pace of monetary policy tightening have been dominant themes affecting financial stability.FABIO NATALUCCIFintech | PodcastFabio Natalucci on Financial StabilityThe growing correlation between crypto and equity markets and what that means for financial stability.FABIO NATALUCCIFinancial markets | PodcastGlobal Financial Stability: Implications of the War in UkraineWhile financial stability risks have risen on several fronts since the beginning of the war in Ukraine, the latest Global Financial Stability Report (GFSR) says no global systemic event affecting financial institutions or markets has materialized so far.FABIO NATALUCCIFinancial markets | PodcastFabio Natalucci: Financial Stability through a Rocky RecoveryThe latest Global Financial Stability Report takes a close look at how recent supply chain disruptions, wage pressures and inflation might compromise the stability of the global financial system.FABIO NATALUCCIFinancial markets | PodcastGlobal Financial Stability and Interest RatesWhile emerging markets suffered huge portfolio outflows at the beginning of the pandemic, the latest Global Financial Stability Report (GFSR) shows capital flows have returned and the outlook continues to improve, partly because of low interest rates in countries such as the United States.FABIO NATALUCCIFinancial markets | PodcastEquitable Vaccine Rollout, Policy Support Key to Financial StabilityMany things can happen within the global financial system to disrupt financial stability, and the pandemic is testing most of them.FABIO NATALUCCIFinancial markets | December 2020 Bubbling UpBoom and Bust: A Global History of Financial BubblesFABIO NATALUCCILoad MoreSee AlsoMagazine ArchivesCountry FocusBlogs