credit default swap


Scaling Back Quantitative Easing: Domestic Recovery at a Foreign Cost

Federal Reserve announcements about “tapering,” or reducing the level of quantitative easing, had significant negative impacts on financial asset prices in otherwise robust emerging market economies.


Reining In Risk: The Fed Tackles the Dodd-Frank Regulatory Mandates

The Federal Reserve continues to deal with the aftermath of the financial crisis. A top official in the Chicago branch details how they are working to prevent another.