Until recently, macroeconomic theory provided at most a small role for the financial system to influence the real economy. This changed with the collapse of Lehman Brothers in 2008 and the financial crisis which... →
The CPB World Trade Monitor shows that the volume of world trade increased 0.5% in March, having decreased 1.1% in February (initial estimate -1.7%), and growth in 2019Q1 was -0.3% (-0.6% in 2018Q4). →