MNI BRIEF: Economies Slowing, Inflation Lower -IMF Adrian

Global economies are losing momentum but inflation is moving lower, reflecting the tightening cycle of the central banks, Tobias Adrian Director, Monetary and Capital Markets Department at the IMF told an MNI webcast Wednesday.

Speaking from Washington, Adrian addressed the IMF's latest financial stability report. He said stability risks remain elevated, but acute stress in the banking system had subsided, but the weak tail of banks was still large.

One concern Adrian highlighted was a further repricing lower of equities, despite declines already this year, as further tightening of financial conditions weighed.