Ongoing lira weakness highlights the growing risks to external financing and inflation outlook. The larger current account deficit financed mainly by
Red states are falling behind blue states in the labor market recovery, a phenomenon we documented in a Global Macro Views earlier this week. We fo
The IIF has responded to the Basel Committee on Banking Supervision's consultation on "Sound practices: implications of fintech developments for banks
The IIF has responded to the European Banking Authority (EBA)'s consultation on "The EBA's approach to fintech". The response stresses that supervisor
Red states are not benefitting the same as blue states from jobs growth, with the nature of th
China's corporate debt relative to GDP is the highest both historically and among the major economies. However, Chinese companies' leverage, measured
The October labor market data on balance were a hawkish signal for the Fed, because the most dovish component - the drop in average hourly earnings gr
The fiscal picture has worsened - government debt is now projected to reach nearly 60% of GDP in FY2020/21 and the primary balance remains in deficit,