Understanding the risks to economic statistics
At a cost of less than one-tenth of one percent of the federal budget, government statistical agencies provide…
The payment system puts a floor on the Fed’s balance sheet
If the Federal Reserve wants to shrink its massive balance sheet—as President Trump’s nominee to be the next…
Mind the gap: AI adoption in Europe and the US
Surveys last spring and early this year show that U.S. workers are using artificial intelligence (AI) at a…
After IEEPA: New Section 301 investigations and why public input matters
With the Supreme Court’s February 20 decision ending the use of the International Emergency Economic Powers Act (IEEPA) for across-the-board…
The train has left the station: Agentic AI and the future of social science research
A viral blog post recently compared the current moment in artificial intelligence (AI) to February 2020, just before…
Now what? The limits of tariff-driven economic statecraft after IEEPA
Days after the Supreme Court invalidated President Trump’s use of the International Emergency Economic Powers Act (IEEPA) to…
How important are central bank holdings of gold?
The rising price of gold—up by two-thirds over the past year, and recently peaking above $5,000 an ounce—is…
The Fed’s ample reserves framework: A report and a response
In October 2008, at the height of the Global Financial Crisis, the Federal Reserve began paying interest on…
Is the global financial system fracturing under geopolitical pressure?
The 2025 issue of the Geneva Report examines how rising geopolitical tensions—such as Russia’s invasion of Ukraine, U.S.–China…
Is US trade policy on a new path?
One year into President Trump’s “America First” trade policy, the U.S. is not simply adjusting tariff levels. It…
Are geopolitics leading to fragmentation of the international financial system?
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Comments on DHS proposed rulemaking: Shifting immigration public charge rules to agency guidance
The concept of “public charge” is important in immigration proceedings: individuals may be denied visas, admission to the…