国际货币基金组织：2025年全球金融稳定报告：风险暗涌（10月版）（英文版）

Global finaneial markets appear calm despite contin.ued trade and geopolitical uncer tainty ( Figure ES, 1).However, this issue of the Globa! Financia! StabikityRporr highlights several signs of shifting grounds inthe financial system that could mise vulnerabilities if2ssociated risks are not addressed, Aeoordingly, theIMF's growth-at.risk faamework shows that risks toglobal financial stability remain elevated (Figure ES.2).