World News

Federal Reserve Issues FOMC Statement

April 29, 2026/US Federal Reserve Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, on average, and the unemployment rate has been little changed in recent months. Inflation is elevated, in part reflecting the recent increase in global energy prices. The […]

How the Middle East War Has Affected Oil Exporters and Importers

(Credit Alexander Farnsworth/iStock by Getty Images) Countries face vastly different exposure to higher oil prices and supply uncertainty, shaped by whether they import or export, and how much policy space they have to respond April 22, 2026/IMFBlog By Carlos Guevara, Andrew Mayeda, Ken Nakagawa, Andrew Stanley The war in the Middle East has […]

Modernizing Federal Reserve Operations in the 21st Century

April 21, 2026/US Federal Reserve By Governor Christopher J. Waller Thank you, David and thank you to Brookings for having me speak today.1 Whenever anyone hears the words “Federal Reserve” they immediately think about monetary policy and the Federal Open Market Committee (FOMC) setting the federal funds rate. There is obviously […]