Reports

Prime Minister Shinzo Abe appears to have made good on his promise to pull Japan out of deflation and slow growth. A large part of the credit goes to the central bank, which stepped in with aggressive bond-buying. But equally crucial has been the role of middle-aged women, who are ...

Egypt incurred the wrath of its citizens in November by floating the pound. But as long as the country has weak institutions and a weak economy, it must have a weak currency, too.

President Donald Trump’s incoming administration is about to give the United States Federal Reserve just what it’s been asking for – a significant fiscal stimulus. The problem is what happens next, when inflation expectations, interest rates and the dollar all go up. Tempers will flare in Washington, and the international ...

The protectionist views of U.S. President-elect Donald Trump are well known, but there has already been a drift in that direction under the Obama administration. One of its favorite tools has been currency monitoring – a way to strong-arm trading partners into adopting tighter monetary policies.

Tomorrow we can be sure that nearly half of all American voters will be greatly disappointed or even angry. The other half will not be particularly pleased, either, even though “their” candidate won. But if we forget about the election cycle and look ahead a decade or two, there are ...

Venezuela's economy has crashed and burned, and along with it a certain commodity-fueled model of development. Socialists everywhere would do well to take notice.

The policies that have kept Russia's economy afloat over the past two years merit close study by other commodity exporters.

The U.S. Federal Reserve is thinking hard about whether it needs to scale back estimates of the economy's long-term growth potential. That could confound expectations by some market observers that monetary policy will soon begin getting back to normal.

China is making its presence felt as a global monetary superpower. This is nowhere more apparent than in Brazil.

Countries around the globe have implemented protectionist policies at a startling rate over the past couple of years, and the U.S. is the worst offender. But protectionism leads to geopolitical tensions and political extremism. We saw this in the 1930s and, unfortunately, we are also seeing it today.

The year has not started well for global financial markets. Undoubtedly, one reason that stocks have slumped is that the United States Federal Reserve under Janet Yellen has started to raise interest rates and signaled that more hikes are coming. The hawkish stance of Ms. Yellen’s Fed not only risks ...

A clean break in the renminbi’s link to the dollar, which has existed since China started opening its economy in the late 1970s, would herald the demise of a “dollar bloc” that has dominated global finance for decades. While this would not necessarily displace the dollar as the world’s main ...