markets, as well as the legal and regulatory framework that permit transactions to be made by extending credit. Fundamentally, financial sector development is about overcoming “costs” incurred in the ...

Financial cycles tend to be long and deep and often interact in ways that can cause booms or busts ECONOMIC developments over the past two decades vividly show that gyrations in financial markets have ...

About every six weeks, its Federal Open Market Committee (FOMC) meets privately to discuss the latest economic data, developments in financial markets and any steps it plans to take. Participation ...

Yet the global financial crisis seemed to put to rest such notions of decoupling. It cast a shadow over the ability of emerging markets to insulate themselves from developments in advanced economies.

The Global Financial Development Database is an extensive dataset of financial system characteristics for 214 economies. It contains annual data, starting from 1960. It has been last updated in ...

President Trump had brushed off the stock market's plunge, but turmoil in the bond market got his administration's attention.

The S&P 500 rose 9.5 percent after President Trump announced he would pause his “reciprocal” tariffs for 90 days, but ...

Federal Reserve Chair Jerome Powell said financial markets, including stocks and government bonds, are behaving in an orderly fashion despite recent volatility sparked by uncertainty around the effect ...

Stating that the developments in the markets last week caused value losses in financial assets, Karahan said: “We took swift action to ensure that the volatility in the market is temporary and ...