At best, all the media-noise about fiscal deficits and anti-inflationary monetary policy is a load of hocus-pocus. These policies are ineffective; indeed probably damaging with respect to their ...

We study the macroeconomic effects of tariff policy using U.S. historical data from 1840–2024. We construct a narrative series of plausibly exogenous tariff changes – based on major legislative ...

On February 9, 2026, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Australia.

Learn about the Bank for International Settlements, its history, key functions, and how it supports global monetary stability ...

Discover Franco Modigliani's impact on economics, including his Nobel-winning theories in consumption and corporate finance.

The Federal Reserve's current monetary-policy setting threatens U.S. economic growth that otherwise is being "underwritten" by a range of Trump administration policies including tax cuts, Fed Governor ...

Thank you to our speakers for participating in this event today, and to Joyce, FIASI, and all of the organizers for making it happen. This is the third consecutive year that the New York Fed has ...

Fixed income markets don’t see material changes in interest rates if Kevin Warsh is approved as the next Federal Reserve Chair after President Trump’s nomination. Of course, current Chair Jerome ...

Miran occupies a ​seat with an expired term, making it the only Fed board ​seat to which President Donald Trump ⁠can nominate ...

The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation with South Africa.