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...
Europe has high hopes for the “digital euro” now in development. Cash has long served as the ultimate anchor for commercial bank deposits – direct...
At a time when the global economy is facing instability – from energy disruptions and waves of inflation to the fragmentation of global trade –...