The eurodollar market – comprising dollar-denominated deposits held outside the United States – emerged in the late 1950s to meet global demand for dollar liquidity,...
At its last session in Paris on 24 October, the Financial Action Task Force (FATF) confirmed three countries on its list of "High-Risk Jurisdictions subject...
OpenAI Co-Founder Sam Altman, Meta CEO Mark Zuckerberg, and Federal Reserve Chair Jerome Powell have joined the chorus of people talking about an AI bubble...
The US dollar is under scrutiny from investors around the world. Banks, firms, and governments that rely on it as an international means of payment...
When governments borrow on international markets, they do so overwhelmingly in US dollars. Roughly two-thirds of international debt issuance is denominated in foreign currencies, of which...
As Jerome Powell approaches the end of his term as chair of the US Federal Reserve in May 2026, the central bank’s standing is lower...
Elected political leaders often express frustration with monetary policymakers. If only the central bank would lower interest rates, they reckon, businesses and households could borrow more...