Since the 2009 G20 Pittsburgh Summit, pro-cyclicality has rightly been a prominent concern within the regulatory community. Some particular initiative
We develop a measure of core capital flows for Saudi Arabia, which has a similar intuition to widely-used core inflation metrics. Core CPI strips o
Longer-term Treasury yields have risen sharply year-to-date. A key question for markets is whether the sell-off will continue. We examine the various
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