World News

Philip N. Jefferson sworn in as Vice Chair of the Board of Governors of the Federal Reserve System

September 13, 2023/US Federal Reserve Dr. Philip N. Jefferson took the oath of office as Vice Chair of the Board of Governors of the Federal Reserve System on Wednesday. Vice Chair Jefferson’s oath was administered by Chair Powell in the press briefing room of the Board’s Martin building. President Biden […]

Adriana D. Kugler sworn in as a member of the Board of Governors of the Federal Reserve System

September 13, 2023/IUS Federal Reserve Dr. Adriana D. Kugler took the oath of office as a member of the Board of Governors of the Federal Reserve System on Wednesday. The oath was administered by Chair Jerome H. Powell in the press briefing room of the Board’s Martin building. President Biden […]

World Faces Unprecedented Challenges, Rapidly Changing Economic Environment

The world faces unprecedented challenges and a rapidly changing economic environment. A succession of shocks has weakened the global economic outlook and left many countries vulnerable. And this is happening as countries are confronting the green and digital transitions. Fragmentation adds to the challenge. The Bretton Woods institutions – the […]