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January 27, 2022

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

Over the past decade, the Fed has deployed trillions of dollars in stimulus while expanding its regulatory oversight. The central bank is back on the front lines to fight the COVID-19 crisis.  

Federal Reserve

April 28, 2022

Economics
Federal Reserve Committee Convenes, U.S. Leads UN Security Council, and More

The U.S. Federal Reserve is poised to raise interest rates, the United States assumes the presidency of the UN Security Council, and Japan marks Constitution Memorial Day as the country makes changes…

Podcast Ukrainian President Volodymyr Zelensky addresses the United Nations (UN) Security Council via video link on April 05, 2022 in New York City.

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.

October 4, 2022

Economics
C. Peter McColough Series on International Economics With Mary C. Daly

Please join Mary Daly of the Federal Reserve Bank of San Francisco as she discusses the Fed’s dual mandate, the pain of high inflation, and the outlook for the U.S. economy. The C. Peter McColough…

Play Mary C. Daly

May 26, 2022

India
Kanimozhi Karunanidhi: India’s Federal Government Is Eroding States’ Rights

Regional parties help protect India’s democracy, secularism, and diversity. Taking away states’ rights will only hurt the country.

Kanimozhi Karunanidhi, Member of India's Parliament in the Lok Sabha

September 26, 2022

Nigeria
Policing Breakthrough in Nigeria

The nascent elite consensus around state police is an important milestone on the path to true federalism.

A man and police officers walk in opposite directions holding petrol while at a gas station in Nigeria.

September 26, 2022

Democratic Republic of Congo
What’s Behind the DRC’s Decision to Auction Off Some of Its Rain Forest?

The Congolese government is letting energy firms bid for access to its vast oil and gas reserves, raising concerns about the potential climate consequences.

September 28, 2022

Saudi Arabia
The Saudi Exception

The U.S.-Saudi relationship is fraught with complications. Saudi Arabia has the largest oil reserves in the world, giving it influence over what Americans pay at the gas pump. At the same time, the k…

Podcast MBS and Biden

September 15, 2022

United Nations General Assembly
UNGA77, NATO Military Chiefs Convene, U.S. Inflation, and More

World leaders gather for the seventy-seventh session of the UN General Assembly; NATO’s senior military authority meets in Estonia to discuss the war in Ukraine; and the U.S. Federal Reserve plans an…

Podcast The seventy-seventh session of the United Nations General Assembly opens at the UN headquarters on September 13, 2022, in New York City. Liao Pan/China News Service/Getty Images

September 25, 2018

Monetary Policy
Good News! The Federal Reserve is Surviving the Trump Era.

Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.

Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing.