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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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February 2, 2015
Monetary Policy
Employment Data Suggest Fed Could Be "Patient" Until 2016—or Later
In its last two statements, the FOMC has said that it “expects inflation to rise gradually toward 2 percent over the medium term”—2 percent being its target rate. What would it take to move it the…
September 15, 2014
Monetary Policy
A Dovish Market Has History on Its Side in Tuning Out the Fed
Market expectations for Fed policy have been decidedly more dovish than the Fed itself, a conundrum that is concerning San Francisco Fed economists. As the Fed debates its rate-liftoff forward gu…
April 2, 2008
United States
Steil: Parsing Paulson’s Reform Proposals
CFR’s Benn Steil examines proposals for a regulatory overhaul of the U.S. financial system put forth by Treasury Secretary Henry Paulson.
November 3, 2014
Europe and Eurasia
The ECB Fails to Stress Banks Over the One Critical Variable It Controls: Inflation
Relentlessly falling inflation is bad news for Eurozone banks. It increases the real (inflation-adjusted) value of borrower debt and the real cost of servicing that debt. It causes loan defaults…
November 6, 2013
Europe and Eurasia
ECB Rate Cut a No-Brainer; Also, for Many, a No-Gainer
Back in April, we showed that the eurozone countries most in need of lower corporate borrowing rates benefited only marginally from ECB rate cuts. Today’s Geo-Graphic shows that little has changed…
