Markets and institutions often force adjustments only when political entities are unwilling to do so voluntarily.

Discover what Green Books are, how they guide economic decisions, and the various types issued by governments globally, including their role in fiscal policies.

Explore the Swiss National Bank's role in monetary policy, currency issuance, and financial stability. Learn how its structure and operations impact Switzerland's economy.

This paper documents that households with higher marginal propensities to consume (MPCs) tend to consume goods with more ...

CBDCs and fiat-backed stablecoins may look alike, but they differ in issuer, legal status, risk, and monetary control.

Abstract: Control Barrier Functions (CBFs) have proven to be an effective tool for performing safe control synthesis for nonlinear systems. However, guaranteeing safety in the presence of disturbances ...

Abstract: Thermal management systems (TMSs) are crucial for driving safety, mileage, and comfort in battery electric vehicles (BEVs). To maximize the potential of the integrated TMSs in terms of ...

USD-backed stablecoins such as $USDT and $USDC increasingly function as offshore dollars. For users outside the United States ...

Federal Reserve Governor Christopher Waller said on Wednesday the U.S. central bank still has room to cut interest rates amid ...

I am pleased to see industry and thought leaders coming together today for our second annual Foreign Exchange (FX) Market Structure Conference. I look forward to building upon the success of the ...

Attorney General Dorcas Oduor addresses journalists during the unveiling of the Government Critical Litigation and Loss ...

To give you an idea of just how powerful the Fed is, in 2018, Forbes ranked Jerome Powell, the Chairman of the Federal ...