Policymakers and central banks need to be “very selective” with stimulus measures to avoid endangering global economic growth over the medium term, according to a top official at the International Monetary Fund, with a debt overhang and financial vulnerabilities identified as possible risks. The warning comes as the IMF appears to be trying to orchestrate a delicate balancing act at its spring meetings this week. The Washington D.C.-based institute has singled out the U.S. for praise in enacting extraordinary stimulus amid the ongoing coronavirus crisis to fast-track a global economic recovery, while also warning ... (full story)