Fed Vice Chair Philip Jefferson said Monday that the evolving balance of risks-of stubborn inflation and weaker employment conditions-underscores the need to lower interest rates slowly. Jefferson's ...
Governments across both advanced and emerging market economies have increasingly rolled out new support for targeted companies and industries over the past decade and a half. Industrial policy, as ...
For decades, environmental debates have been framed around a stark trade-off: economic growth lifts people out of poverty but comes at the expense of forests, wildlife, and climate stability. More ...
Wars leave long economic scars, while rising military spending is forcing governments into increasingly difficult budget choices, the International Monetary Fund said on Wednesday. In a blog analysis, ...
The International Monetary Fund has raised the alarm over a global “guns versus butter” trade-off as countries ramp up defense spending. The dilemma refers to the tough decisions governments face when ...