379 Results for:

June 5, 2015

Europe and Eurasia
Greece-Troika Gap Over Primary Surpluses Has Shrunk Dramatically

Greece has announced that it will not pay the IMF the €300 million due to the Fund on June 5.  Instead, it will “bundle” the payments due to the Fund over the course of June into one payment of ab…

Greece-Troika Gap Over Primary Surpluses Has Shrunk Dramatically

June 1, 2015

Monetary Policy
Are Fed Watchers Watching the Wrong People?

One effect of the financial crisis was to change how the Fed conducts monetary policy.  This could be long-lasting and important.Prior to the crisis, the Federal Open Market Committee (FOMC) set a…

Are Fed Watchers Watching the Wrong People?

June 9, 2017

Asia
Chinese Activists, THAAD Halt, SoftBank’s Robots, and More

Rachel Brown, Ashley Feng, Douglas Mo, and Gabriel Walker look at the top stories in Asia this week. 1. China brushes off U.S. pressure over detained activists. On May 31, New York-based NGO China…

Hua-Chunying

May 21, 2015

China
Are China’s RMB Swap Lines an Empty Vessel?

As our recent CFR interactive shows, central bank currency swaps have spread like wildfire since the financial crisis.  In 2006, the Fed had only two open swap lines outstanding, with Canada and M…

Are China’s RMB Swap Lines an Empty Vessel?

May 7, 2015

Europe and Eurasia
Which Countries Stand to Lose Big from a Greek Default?

The IMF has turned up the heat on Greece’s Eurozone neighbors, calling on them to write off “significant amounts” of Greek sovereign debt.  Writing off debt, however, doesn’t make the pain disappe…

Which Countries Stand to Lose Big from a Greek Default?

April 9, 2015

Financial Markets
CFR Central Bank Currency Swap Interactive

Central bank currency swaps are becoming the new cross-border tool of choice in financial crisis management.  This interactive explores the rapid growth of currency swaps since 2007 and its implicati…

Central Bank Currency Swaps Since the Financial Crisis

April 20, 2015

China
Should the United States Encourage Japan to Join the AIIB?

On April 15, China’s finance ministry revealed the 57 “prospective founding members” of the new Asian Infrastructure Investment Bank, of which China is the architect.   The likely founders include…

Should the United States Encourage Japan to Join the AIIB?

April 8, 2015

China
Are China’s Foreign Exchange Reserves Really Falling?

Bloomberg and other media outlets have been highlighting the apparent significant recent fall in China’s foreign exchange reserves, suggesting that the development had important implications. In …

Are China’s Foreign Exchange Reserves Really Falling?

April 2, 2015

Monetary Policy
Is the Fed Gonna Tighten Like It’s 1994? Or 2004?

How will the Fed raise rates once it starts?  Gradually, in small steps?  Faster, with larger steps? In 2012, before becoming Fed chair, Janet Yellen argued for a later first rate-hike than would…

Is the Fed Gonna Tighten Like It’s 1994? Or 2004?

March 12, 2015

Brazil
Why Is Walmart Raising Wages?

On February 19, Walmart announced that it was raising its minimum starting wage to $9 an hour.  Since Walmart is famous for its ruthless cost management, this appeared to be a significant sign of …

Why Is Walmart Raising Wages?