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February 20, 2025

Daily News Brief
European Diplomacy Seeks Ukraine Strategy and Other Headlines of the Day

European leaders are racing to develop strategies for the defense of Ukraine—and the region—after U.S. President Donald Trump doubled down on criticism of Ukraine’s President Volodymyr Zelenskyy.

October 2, 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…

October 22, 2024

China
China’s Central Bank is Becoming the Developing World’s “Payday Lender”

With the developing world’s growing use of costly and opaque “payday loans” from China’s central bank, the IMF and World Bank need to demand far greater transparency from Beijing. 

China’s Central Bank is Becoming the Developing World’s “Payday Lender”

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.

March 4, 2025

Trade
Trade Calendar

Trade and tariffs are a central part of President Donald Trump’s international economic policy. Stay up to date with the Council on Foreign Relation’s calendar of significant trade-related events.

October 21, 2024

South Korea
C. Peter McColough Series on International Economics With Governor Rhee Chang Yong of the Bank of Korea

Bank of Korea Governor Rhee Chang Yong discusses monetary policy in South Korea and the implications of reshaping global value chains. The C. Peter McColough Series on International Economics brin…

Play  Rhee Chang-yong speaks in Seoul, South Korea

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

July 15, 2024

Ukraine
Coming to Ukraine’s Defense: Leveraging the European Investment Bank for Ukrainian Drone Manufacturers

Enhancing support for Ukraine’s military and defense industrial base is top of mind at the NATO Summit last week, especially if the United States should step back after the presidential election. Des…

The logo of the EIB is pictured in the city of Luxembourg

October 4, 2022

Monetary Policy
As Global Recession Looms, a Perilous Moment for Central Banks

Many central banks are navigating turbulent waters as they battle inflation, a strengthening dollar, and an energy crunch. Should they coordinate policy?

People walk past a sign outside a currency exchange office in London.