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October 20, 2023

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.

December 4, 2023

Budget, Debt, and Deficits
The U.S. National Debt Dilemma

With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.

An exterior view of the U.S. Treasury building from below

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.

June 15, 2023

United States
The History and Future of the Federal Reserve’s 2 Percent Target Rate of Inflation

The Federal Reserve’s 2 percent target rate of inflation is not strictly empirically derived. Should it modify this target moving forward?

Chair of the Board of Governors of the Federal Reserve Jerome H. Powell participates in a panel during the Central Bank Symposium in Stockholm, Sweden.

November 28, 2023

Intelligence
Young Professionals Briefing: Pathways to Service in the Intelligence Community

Panelists discuss their distinguished careers in intelligence and offer advice to young professionals interested in or already pursuing a career in the intelligence space, as well as the challenges c…

Play US President Joe Biden (C) speaks with the Director of the National Counterterrorism Center Christine Abizaid (C L), as he tours the Center's Watch Floor at the Office of the Director of National Intelligence in McLean, Virginia.

November 28, 2023

Infrastructure
A Conversation With Secretary of Transportation Pete Buttigieg

Secretary of Transportation Pete Buttigieg discusses the efforts of the department to coordinate federal transportation projects, improve U.S. infrastructure, and empower the United States to compete…

Play Image of Pete Buttigieg