(Credit: 279photo/iStock by Getty Images)  April 8, 2026/IMFBlog By Hippolyte Balima, Andresa Lagerborg, Evgenia Weaver Rising defense spending requires difficult fiscal choices to avoid raising vulnerabilities, while post-war recovery hinges on policies to reduce uncertainty, rebuild capital, and help displaced people return home War is again defining the global landscape. After decades of […]

April 7, 2026/US Federal Reserve Vice Chair Philip N. Jefferson Thank you for the warm welcome. It is an honor to speak here at the University of Detroit Mercy.1 I spent most of my career as an economics professor before joining the Board of Governors, so I feel right at home […]

(Credit: IMF Photo)  Widening global current account imbalances are best addressed by simultaneous domestic policy adjustments. Industrial policy and tariffs offer a costly fix with unreliable effects on imbalances. April 6, 2026/IMFBlog Pierre-Olivier Gourinchas, Christian Mumssen Global current account imbalances are widening again, reversing a decade of steady decline following the […]