
Tariffs, the dollar, and equities: High-frequency evidence from the Liberation Day announcement
On 2 April 2025, the US announced tariffs on most of its trading partners, creating a major trade policy

On 2 April 2025, the US announced tariffs on most of its trading partners, creating a major trade policy

Emerging markets with partially dollarised financial systems are particularly vulnerable to global financial cycles. This column examines how reserve

The inflationary episode from 2021 to 2023 reignited the debate on the nonlinearity of the Phillips curve. Aggregate and

The trade war launched by the Trump administration follows a longer-term pattern of geo-economic fragmentation, but it dwarfs all

U.S. Defense Secretary Pete Hegseth has ordered the termination of several information technology services contracts valued at $5.1 billion,

On 2 April 2025, the US administration triggered a global shock by announcing sweeping new tariffs. This column describes

The EU faces a significant investment challenge to meet its ambitious goals of decarbonising the economy, modernising infrastructure, strengthening

Distributed ledgers are the embodiment of the vision of a decentralised notion of money. The key idea is to

In the literature on monetary policy spillovers, countries that would otherwise operate independently are connected through bilateral trade relationships,

The international transmission of monetary policy shocks features positive output spillovers when the so-called expenditure-switching effect is sufficiently large.

On 2 April 2025, the US announced tariffs on most of its trading partners, creating a major trade policy

Emerging markets with partially dollarised financial systems are particularly vulnerable to global financial cycles. This column examines how reserve

The inflationary episode from 2021 to 2023 reignited the debate on the nonlinearity of the Phillips curve. Aggregate and

The trade war launched by the Trump administration follows a longer-term pattern of geo-economic fragmentation, but it dwarfs all

U.S. Defense Secretary Pete Hegseth has ordered the termination of several information technology services contracts valued at $5.1 billion,

On 2 April 2025, the US administration triggered a global shock by announcing sweeping new tariffs. This column describes

The EU faces a significant investment challenge to meet its ambitious goals of decarbonising the economy, modernising infrastructure, strengthening

Distributed ledgers are the embodiment of the vision of a decentralised notion of money. The key idea is to

In the literature on monetary policy spillovers, countries that would otherwise operate independently are connected through bilateral trade relationships,

The international transmission of monetary policy shocks features positive output spillovers when the so-called expenditure-switching effect is sufficiently large.




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