WASHINGTON, April 6 (Reuters) - International Monetary
Fund Managing Director Kristalina Georgieva on Thursday said the
global economy faced increased downside risks following recent
bank failures in Switzerland and United States that exposed
financial risks.
Georgieva called on policymakers to carefully balance the
fight against persistent inflation with managing risks in the
financial sector.
But she had "full confidence" that central banks and
regulatory institutions were being very vigilant in addressing
vulnerabilities facing banks and nonbanks.
(Reporting by Andrea Shalal)
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