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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 28, 2023

Sub-Saharan Africa
Russia’s Growing Footprint in Africa

African governments have increasingly welcomed economic, diplomatic, and security ties with Russia—leading Western countries to denounce what they see as Moscow’s destabilizing influence and seek the…

A group of protestors hold the flags of Burkina Faso and Russia at a demonstration in Burkina Faso.

October 8, 2021

Trade
The Truth About Tariffs

Tariffs have been applied over the years to protect homegrown industries and target competitors who are seen as using unfair trade practices. They impose costs on both importers and exporters and had been in decline until the recent U.S.-China trade war.

A steelworker tests a sample of steel at an Indiana mill in March 2018.

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

June 6, 2023

United States
The U.S. Immigration Debate

Comprehensive immigration reform has eluded Congress for years. With border crossings at a record high, how are policymakers responding?

A migrant boy peers through the border wall near San Diego ahead of the end of Title 42 restrictions.