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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.

May 3, 2022

United States
James K. Galbraith: Can American-led Global Financial Capitalism Survive?

Trust in the U.S.-led economic and geopolitical order has been eroding. The Russian invasion of Ukraine and the U.S. response to it, whatever its merits, may be the last straw for the global monopoly…

G7 summit in Brussels

September 19, 2022

United States
Laura D. Tyson: California Capitalism’s Successes and Challenges

California Capitalism's greatest successes are in education, health and climate.  Its greatest challenges are inequality and affordable housing.

Gavin Newsom

February 1, 2001

Cuba
U.S.-Cuban Relations in the 21st Century

This Independent Task Force report represents a significant step forward in deepening a bipartisan consensus for a new U.S. policy toward Cuba. While avoiding the highly politicized debate over wheth…

October 11, 2023

Morocco
Virtual Media Briefing: The World Bank and IMF 2023 Annual Meetings

CFR experts discuss the 2023 Annual Meetings of the World Bank Group and the International Monetary Fund, taking place this week in Marrakech, Morocco. GOODMAN: My name is Matthew Goodman. I recen…

Play U.S. Treasury Secretary Janet Yellen and Morocco Finance Minister Nadia Fettah Alaoui

September 11, 2023

Trade
Decision Making in an Uncertain World

In a conversation with two of his former chiefs of staff, former U.S. Treasury Secretary Robert E. Rubin discusses his decision-making process and how policymakers should think about economic issues …

Play Robert Rubin speaking next to Bill Clinton