CFR’s Roger Kubarych says a new plan could boost banks’ confidence about reserve requirements, but adds that other problems loom.

The Financial Times’ Martin Wolf argues that massive accumulations of currency reserves enabled housing bubbles in developed economies and sparked the current financial crisis. The shakeout, Wolf say…

CFR geoeconomic fellow Brad W. Setser explains what’s behind the dollar’s recent decline and says the Federal Reserve shouldn’t use interest rates as a tool to stabilize the exchange rate.

By ending the yuan’s peg to the U.S. dollar, China will deflect pressure over its currency policy at the upcoming G20 meeting. But tensions will persist over the pace of reform, says CFR’s Steven Dun…

The next president is likely to take a more market-friendly, pragmatic approach to the country’s economic challenges, says Eurasia Group’s Daniel Kerner.