21 Results for:

October 11, 2018

China
Christianity in China

Tens of millions of Chinese now identify as Christians, and the number has grown rapidly, posing challenges for a government that is officially atheist and wary of threats to its power.

Chinese Catholics attend an Ash Wednesday mass at a state-sanctioned church in Beijing.

March 16, 2018

Capital Flows
The (Balance of Payments) World Changed in 2014

Reserve growth stopped as private investors in Europe and Japan started buying a lot of the rest of the world's bonds.

The (Balance of Payments) World Changed in 2014

January 3, 2018

China
China’s Impact on the U.S. Bond Market Gets Too Much Attention. And Europe's Too Little

The ECB has almost certainly had a bigger impact on U.S. rates over the last three years than the PBOC, without buying (or selling) any Treasuries.

China’s Impact on the U.S. Bond Market Gets Too Much Attention.   And Europe's Too Little

December 18, 2017

United States
Trump Security Strategy a Study in Contrasts

The president’s first national security strategy eloquently sums up the U.S. role in the world and what should be done to defend it, but much of the document is at odds with what the president himsel…

Trump introduces his administration's first national security strategy.

August 23, 2017

Monetary Policy
G-3 Coordination Failures of the Past Eight Years? (A Riff on Cœuré and Brainard)

The world would be in a better place today if the ECB and BoJ had joined the Fed in quantitative easing early on. Their lag in easing contributed to the policy gap that led to the dollar's large 2014…

G-3 Coordination Failures of the Past Eight Years? (A Riff on Cœuré and Brainard)

May 3, 2017

European Union
Reprieve or Reform in Europe?

MILAN – The first round of the French election turned out much as expected: the centrist Emmanuel Macron finished first, with 24% of the vote, rather narrowly beating the right-wing National Front’s …

A demonstrator wears an EU flag.

February 1, 2017

France
How Powerful Is France’s President?

The winner of the presidential election this spring will heavily influence how France approaches foreign and domestic issues, including its future with the European Union.

President of France.jpg

April 19, 2017

Capital Flows
A Conversation With Benoît Cœuré

Benoît Cœuré discusses his position on the Executive Board of the European Central Bank, the effectiveness of the bank’s Asset Purchase Program, and the impact on international capital flows.

Play RTX332FT_EC.jpg

July 16, 2012

Europe and Eurasia
More Evidence That LIBOR Is Hazardous to Economic Health

Central bankers necessarily spend a great deal of time studying economic and market data that they believe to be forward-looking indicators of the economy’s health.  One such is the so-called “LIB…

More Evidence That LIBOR Is Hazardous to Economic Health