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April 16, 2024

Economics
Virtual Media Briefing: Previewing the World Bank/IMF Spring Meetings

CFR experts preview the upcoming World Bank and International Monetary Fund (IMF) Spring Meetings taking place in Washington, DC, from April 17 through 19.   

Play President of the World Bank Group Ajay Banga and International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the World Economic Forum, January 17, 2024.

April 12, 2024

China
China’s New Currency Peg

The peg that shall not be named, and all the trouble that creates.

China’s New Currency Peg

March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

January 4, 2024

United States
Daughters and Sons Guest Event: Fellows’ Book Launch—God, Guns, and Sedition

In God, Guns, and Sedition, Bruce Hoffman and Jacob Ware offer the definitive account of the rise of far-right terrorism in the United States—and how to counter it. In recent years shocking acts o…

Play People grieving at the site of the site of the church shooting massacre in Charleston, South Carolina

March 18, 2024

Japan
The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

The Bank of Japan (BoJ) is widely expected to end yield curve control. But Japanese yields will remain low, and foreign bonds will remain attractive to those Japanese investors who don’t have to hedg…

The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

February 22, 2024

Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability

The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…

10-Year Bonds: Key Cases

February 20, 2024

United States
Why U.S. Imports From Mexico Surpassed Those From China

New U.S. Census Bureau data shows the United States importing more goods from Mexico than from China. Will the shift change the global trading landscape?

January 6, 2016

Global
Economist Brad W. Setser Returns to CFR as Senior Fellow

Brad W. Setser returns to the Council on Foreign Relations (CFR) as a senior fellow with the Maurice R. Greenberg Center for Geoeconomic Studies. 

February 5, 2024

China
China’s New Currency Playbook

China’s pivot to a new strategy of indirect intervention through its large state banks requires new approaches to policing currency policies by both the U.S. Treasury and IMF.

Settlement by banks in China vs. Yuan-Dollar Exchange Rate