William Dudley, chair of the Bretton Woods Committee and president of the Federal Reserve Bank of New York, joins Mark Sobel, OMFIF’s chief economist and vice chair, for a joint OMFIF-Bretton Woods Co...

William Dudley, chair of the Bretton Woods Committee and former president of the Federal Reserve Bank of New York, joins OMFIF

Jackson Hole was an opportunity for Kevin Warsh to speak frankly. He began to do so, though he avoided the elephant in the room

Market commentators are atwitter debating Japan’s foreign exchange market intervention and the US’ unusual participation

The publication this week of the International Monetary Fund’s 2026 External Sector Report and an essay by Gita Gopinath

Progress towards creating a fully internationalised renminbi is likely to remain modest and constrained. The record is spotty.

Amid a worldwide focus on global imbalances and Chinese exports, whether the Treasury might designate China for currency manipulation

Kevin Warsh’s first press conference as chair of the Federal Reserve – he’s a hawk, orthodox, not the president’s sock puppet.

Following the June Federal Open Market Committee meeting, Claudia Sahm and Randy Quarles join OMFIF’s Mark Sobel to discuss the policy outcomes and outlook for US monetary policy. The meeting assesses...

The US Treasury market has long served as the world’s financial anchor. That reputation for placidity is becoming harder to sustain.

Following the June Federal Open Market Committee meeting, Claudia Sahm and Randy Quarles join OMFIF’s Mark Sobel to discuss the policy outcomes and outlook for US monetary policy. The meeting assesses...

Financial media, academic work and analyst reports are replete with references to a multipolar international currency system. What is it?

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Bond yields have jumped in recent weeks. But is this just usual volatility what Trump once called ‘yips’ or might it be the bond vigilantes

The United States on Tuesday proposed that the International Monetary Fund write off some $100 million in debt it is owed by Guinea, Liberia and Sierra Leone to free up more resources for those countr...

‘Managed trade’ isn’t the answer

‘Swaps, mops, fobs.’ These sardonic words came to mind after hearing stories of a possible swap between the US and United Arab Emirates.

The International Monetary Fund-World Bank spring meetings, seeking to navigate their way through the shoals of a topsy-turvy global outlook.

Tara Hariharan, managing director and head of research at NWI Management, joins Mark Sobel, chief economist and vice chair at OMFIF to discuss emerging market investing. They explore how to manage the...

The US and the IMF member with the largest share of board votes, no longer seems to believe in the rules-based, multilateral economic order

Michael Pettis, senior fellow at the Carnegie Endowment and co-author of Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace, joins Mark Sobe...

Global imbalances emerged as a hot topic before and after the 2008 financial crisis when wide gaps between surplus and deficit

The US Treasury released its latest Foreign Exchange Report (FXR) in January 2026, receiving little fanfare as the report broke no new ground.

Kevin Warsh understands the Federal Reserve and monetary policy, and he undoubtedly has the credentials to be the next Fed chair.

Chomp chomp chomp

Most analysts rightly focus on geopolitical explanations. Humiliated by the demise of the Soviet Union and the loss of the cold war, Putin wants to restore the ‘Russian Empire’ and bolster his country...

Predicting foreign exchange markets is a fool’s errand, but it has nonetheless sprouted a cottage industry with analysts even audaciously offering pinpoint numerical forecasts conjuring up the fallacy...

Donald Kohn, senior fellow in the economic studies program at the Brookings Institution, previously vice chair of the Federal Reserve, and Dennis Lockhart, who was president and CEO of the Federal Res...

Donald Kohn, senior fellow in the economic studies program at the Brookings Institution, previously vice chair of the Federal Reserve, and Dennis Lockhart, who was president and CEO of the Federal Res...

The Japanese authorities are back at it. A new prime minister and finance minister are huffing and puffing about yen weakness and jawboning markets – including with threats to intervene. We’ve seen th...

Thoughts on a US G20 presidency under Trump in 2026