This week we examine a conspicuously warm visit by President Putin to New Delhi, Washington’s new and impractically hard line on European operations under NATO, a setback for a Trump-endorsed peace plan in Eastern DRC, and warning signs in Japanese bond markets that could spill over into global financial flows.

This week we cover a new trade framework between China and the United States, a key meeting at the sidelines of APEC between Canada’s prime minister and Xi Jinping, a highly anticipated rate decision from the Bank of Japan, and early indications that Trump’s new round of Russia sanctions are having their intended effect.

While Israel’s unprecedented move to classify the Central Bank of Iran as a terrorist organization may prove an effective means of increasing pressure on Tehran, it also carries significant risks and possible unintended consequences.

China stock markets are experiencing wild swings as traders place bets on new stimulus announcements from Beijing. Yet little has changed regarding the fundamentals of the Chinese economy.

Though recent data suggests that inflation may have peaked, euro zone economies are hardly out of the woods yet.

If an emerging market is characterized by high vulnerability to the whims of hot money flows, recent events suggest that’s exactly where the United Kingdom is headed.

Expect the Fed’s recent 75-basis-point hike to reverberate in central banks around the world, with particularly high stakes for emerging markets.

The latest data suggests that price increases have yet to peak in Europe.

ECB head Christine Legarde is maintaining a dovish line despite strong October inflation numbers in major euro zone economies.

Though central banks have approached the problem with different levels of urgency.

Capital flight, inflation, and debt shocks are the risks facing emerging markets as the Federal Reserve plots a course out of monetary stimulus.

Citing improved growth and rising inflation, the ECB moved to scale back its bond purchases. But don’t call it a taper.

The Bank of Russia’s latest monetary policy forecast raises a novel possibility: What if the present inflationary trend isn’t temporary at all?

The Federal Reserve balance sheet just hit $8.1 trillion, roughly the size of the economies of Japan and Germany combined.

Either the target or the loose monetary policy had to go. In the end it was the target.

May CPI numbers are making it harder to discount inflation as COVID-related economic distortion.

Is recent inflation temporary or not? This is what ECB governors will grapple with when they meet in Frankfurt next week.

Federal Reserve officials gather this week for one of the most important central bank meetings in recent history.

Do spiking yield curves across the developed world harken the end of COVID-era monetary stimulus?

Powell’s recent comments reflect how central bank interventions have been normalized by the market, making the Fed’s eventual exit an exceedingly delicate affair.