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May 16, 2024

RealEcon
The Fed’s Trade-Offs as It Navigates Inflation and Growth in 2024

The Federal Reserve’s dual mandate of price stability and maximum employment presents trade-offs as the Fed grapples with the next move of interest rates. 

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022.

February 12, 2024

Palestinian Territories
Democracy and the Two-State Solution

The war in Gaza has focused attention once again on the search for solutions to the Israeli-Palestinian conflict. The solution favored by the United States, the European Union, most of the world’s de…

December 14, 2023

United States
The Humbling of Henry Kissinger

The truth is that his tenure as secretary of state was often rocky, and as full of setbacks as acclaim.

Kissinger

November 8, 2023

Trade
Unpacking the IPEF: Biden’s Indo-Pacific Trade Play

One year after the Joe Biden administration unveiled its Indo-Pacific Economic Framework, the agreement still doesn’t look like a traditional trade deal and could end up falling short of its ambition…

Containers are loaded at the Port of Singapore, the second largest port in the world.

October 25, 2023

Turkey
Turkey, the United States, and the Israel-Hamas War

President Erdogan’s recent troubles with the United States have prevented Turkey from playing a potentially constructive role in the early phases of the Israel-Hamas war.

Turkish President Recep Tayyip Erdogan speaks at a lectern. Two Turkish flags are seen behind him.

September 27, 2023

Human Rights
The Fate of Justice in Russia-Ukraine Peace Talks

While the final chapter of the Russia-Ukraine war has yet to be written, the prospects of any negotiations to achieve a just and lasting peace remain distant. But it is not too soon to consider how a…

August 16, 2023

United States
Does Fitch’s Downgrade of U.S. Debt Really Matter?

The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.

A woman walks past a currency exchange office in Moscow.

August 14, 2023

Southeast Asia
The State of Democracy in Southeast Asia Is Bad and Getting Worse

By 2020, with the state of democracy already in dire shape, it seemed that things couldn’t get worse. And yet, in the past few years, they have.

A picture of Thai prime ministerial candidate is held up as protestors stand behind an iron fence.

June 29, 2023

Trade
Biden’s Turn Against Trade Makes It Hard to Win Friends

An era of inclusive U.S. economic policy is over, sparking anxiety around the world.

U.S. President Joe Biden speaks on rebuilding American manufacturing at the groundbreaking of a new Intel semiconductor manufacturing facility.