Fabio Natalucci and Jason Wu from the GFSR team discuss risks like debt, struggling real estate in China and the US, and cybersecurity in the face of decreasing inflation. They analyze challenges in managing inflation, stability of the global financial system, and emerging market resilience. The podcast also covers debt risks, fiscal concerns, and cybersecurity threats in the financial sector.

Fabio Natalucci, the Deputy Director of the IMF's Monetary and Capital Markets Department, shares his insights on current financial risks. He discusses the Federal Reserve's rapid interest rate hikes and examines why the financial system remained surprisingly stable despite these shifts. Topics include liquidity risks highlighted by the UK real estate fund issues and the resilience of non-bank financial institutions. Natalucci emphasizes the need for vigilance against unnoticed risks and the impact of recent changes since the 2008 crisis.