February 20, 2025/US Federal Reserve By Governor Adriana D. Kugler Thank you, Tom, and thank you for the invitation to give the Whittington Lecture.1 It is humbling to be here giving this lecture to honor the memory and legacy of Leslie Whittington. While I did not cross paths with Leslie […]
OPINION/EDITORIAL
Foreign Direct Investment Increased to a Record $41 Trillion
(Credit: Jeenah Moon/IMF Photo) February 20, 2025/IMFBlog By Topias Leino and Maja Gavrilovic Global foreign direct investment grew again in 2023 after declining the previous year. Inward direct investment climbed $1.75 trillion, or 4.4 percent, reaching a record $41 trillion, according to the IMF’s latest Coordinated Direct Investment Survey, which provides […]
How Healthy are U.S. Households’ Balance Sheets?
February 19, 2025/US Federal Reserve By Vice Chair Philip N. Jefferson Thank you, Professor Ho for that kind introduction and for the opportunity to talk to the Vassar community.1 I am happy to be back on campus. As a teenager in Washington, D.C., I had the very good fortune that […]

