Listen to CFR experts Elizabeth C. Economy, Steven Dunaway, and John Pomfret discuss President Barack Obama and Chinese president Hu Jintao's meeting in Washington on January 18.

The recent bursting of the global credit bubble followed three decades in which capital became progressively cheaper and more easily available. Many people have come to believe that low interest rates now are the norm. However, the McKinsey Global Institute's analysis suggests that this low-interest rate environment is likely to end in the coming year

On Law.com, Sue Reisinger reports that financial companies are restricting funding to WikiLeaks following its founder Julian Assange's arrest.

Benn Steil's lecture delivered at his acceptance of the Manhattan Institute's 2010 Hayek Prize, which he shared with his Money, Markets, and Sovereignty co-author Manuel Hinds.

Wilson Quarterly's Douglas J. Besharov and Douglas M. Call describe the critical situation of national deficits in the wake of the financial crisis and provide a "menu" of options to Congress for addressing the projected U.S. debt of $123 trillion in 2050.

At a time when more and more nations are resorting to capital controls and currency intervention, India shows there is another way. Sebastian Mallaby discusses India's intriguing refusal to become a currency warrior.

Do China's policies pose a threat to trading partners and the global economy or is that exaggerated? Morgan Stanley's Stephen Roach and the Peterson Institute's Gary Hufbauer discuss.

However cogent the case for reining in financial globalisation, sheer momentum will carry it forward, writes Sebastian Mallaby.

This second installment of the Capital Flows Quarterly series investigates two factors that could substantially alter the long-run value of the U.S. dollar: the dollar's reserve status and the sustainability of U.S. international debt.

Sebastian Mallaby says that high frequency trading has benefited savers by reducing transaction costs.

Benn Steil's September column in Dow Jones' Financial News argues that the "Volcker Rule" will not make insured deposits safer or crises less likely, as traditional bank lending creates riskier maturity mismatches than securities trading.

Benn Steil takes a satirical look at high-frequency trading.

Sebastian Mallaby argues that even though the odds of a double-dip or a bond-market rout may be roughly equal, bond-market trouble would probably have larger consequences. Therefore the prudent policy is to rein in the stimulus.

Benn Steil's August column in Dow Jones' Financial News, co-authored with Paul Swartz, examines the cost of global imbalances from the perspective of the world's leading holders of foreign exchange reserves, China and Japan.

Benn Steil's op-ed in the June 23rd edition of the Financial Times explains why FDR's Treasury in the 1930s cajoled the Chinese to peg to the dollar, in stark contrast to Obama's Treasury today, which wants the peg ended.  The ambition the two administrations shared is a weaker dollar.

Reuters details the austerity measures adopted by European governments in efforts to stave off the spread of the Greek debt crisis.

CFR's Sebastian Mallaby argues that hedge funds are an important part of the global economy because they help regulate markets, but are small enough to fail.

CFR's Sebastian Mallaby argues that hedge funds are an important part of the global economy because they help regulate markets, but are small enough to fail.

Benn Steil's article in the Spring/Summer edition of the CATO Journal argues that restraining excessive debt accumulation will require significant changes in the U.S. corporate taxation regime and the principles underlying the conduct of U.S. monetary policy.

Unlike "too big to fail" financial firms, hedge funds spot market bubbles and assume their own losses, says CFR's Sebastian Mallaby.