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April 16, 2024

Emerging Markets
Central Bank Governance in Emerging Markets

Central bank governors from some of the largest emerging markets discuss the economic outlook in their countries, how their banks have addressed global inflation, and opportunities for sustained econ…

Play Containers are being transported at Nansha port in Guangzhou, China on a sunny day.

February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

September 20, 2024

United States
Election 2024: Donald Trump Has Vowed to Raise Tariffs. Can He?

Each Friday, I look at what the presidential contenders are saying about foreign policy. Congress is empowered to set tariff policy, but it has delegated much of its authority to the president.

Shipping containers at Port Newark, New Jersey

July 13, 2023

Latin America
Central America’s Turbulent Northern Triangle

The United States continues to seek strategies for responding to the growing number of migrants fleeing poverty, violence, and other challenges in the Central American region.

The casket of a migrant teenager who suffocated in a truck in Texas is buried in Guatemala.

February 1, 2024

United States
Transatlantic Divergence of Economic Outlooks – Implications for Central Bank Policies

Germans and Americans are pessimistic about their economies. While the European Central Bank and Federal Reserve remain committed to fighting inflation, the ECB faces a much tougher task.

Jay Powell

August 15, 2024

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

September 20, 2024

Indonesia
How Prabowo Will Manage His Predecessor and His History as President of Indonesia

President-elect Prabowo Subianto will likely further degrade Indonesia’s democracy.

Two men stand next to each other, with Prabowo wearing a Western-style suit and Jokowi wearing traditional Indonesian clothing; both wear traditional peci caps.

September 18, 2024

United States
The Millennium Challenge Corporation at 20: Progress and Prospects

Panelists reflect on the past, present, and future of the Millennium Challenge Corporation (MCC) having reached its twentieth anniversary of operation, as well as the future of economic diplomacy and…

Play Millennium Challenge Corporation CEO Alice Albright speaks at podium in Washington, DC, U.S.

September 9, 2024

United Nations
The UN Security Council

The UN Security Council is the premier global body for maintaining international peace and security, but it faces steady calls for reform to better meet twenty-first-century challenges.

Ukrainian President Volodymyr Zelenskyy addresses the Security Council via video amid Russia’s war.