As we approach the end of the northern summer, often a volatile period for financial markets, all eyes are on the apparent fragility of US...
Major Asian currencies’ exchange rates are again at the center of debates in international monetary economics. With China, Japan, and South Korea all running trade and...
China’s undervalued exchange rate is often read as a symptom of the imbalance that underlies its surpluses. This is the wrong metaphor. The exchange rate is...
A quarter-century ago, each of the five biggest European Union banks had a market capitalization larger than that of the biggest US bank. Now the market...
On 7 July, the European Central Bank gave Eurozone banks until 31 October to demonstrate how they will defend themselves against cyberattacks accelerated by artificial...
The European Central Bank appears set to raise interest rates on June 11. Policymakers’ statements suggest this, markets expect it, and the ECB’s economic analysis...
On 28 May in Berlin, the finance ministers of the six largest economies of the European Union – Germany, France, Italy, Spain, the Netherlands and...
