Former National Security Advisor to President George W. Bush, Stephen J. Hadley, will join the Center for Strategic and International Studies (CSIS) for a conversation about the evolution of US foreign policy in Asia over the last decade. Topics expected to be covered include diplomatic strategy in Asia, nuclear proliferation in North Korea and competition with China.
The Center for Strategic and International Studies (CSIS) is hosting an event to commemorate Asian American and Pacific Islander Heritage Month. The event will include a keynote address by Ambassador Katherine Tai, the U.S. Trade Representative and Co-Chair of the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders. A panel discussion will also explore ways to counter AAPI hate and discrimination and its intersections with U.S. foreign policy in Asia, building on a previous event held in 2021. The event is being hosted by CSIS' Asia Program, Diversity and Leadership in International Affairs Project, and the staff-led Black, Indigenous, and People of Color Employee Resource Group.
Bank of Japan (BOJ) governor Kazuo Ueda has said it is necessary for the central bank to continue with monetary easing as Japan has yet to see conditions in place for inflation to sustainably reach its 2% target. Ueda said wage increases seen in wage negotiations earlier this year may require more time to see become durable and benefit more companies. The comments follow data from April showing Japan's core consumer inflation hit 3.4%, staying well above the BOJ's 2% target due to rising food and services prices.
Following its chairperson, Jerome Powell's speech at a monetary policy panel, the Federal Reserve is still considering whether to pause rates due to an inflation breakout bout, or to continue with more borrowing cost increases if inflation does not decline. The central bank is now appearing to diverge over what should happen next, and it is unclear whether such a decision will be made any time soon. Analysts have dubbed the present situation "a frustrating inconsistency".
Bank of Japan Governor Kazuo Ueda has reiterated that the bank is committed to ultra-loose monetary policy to hold off inflation while other countries look to tighter policies. Rising inflation in Japan is due to cost-push factors rather than strong domestic demand, Ueda said. Responding to this rise in costs with tighter monetary policy is not advised, for fear of hurting the domestic economy. The Bank of Japan also faces the challenge of waiting to see whether recent wage hikes will be durable.
Former National Security Advisor to President George W. Bush, Stephen J. Hadley, will join the Center for Strategic and International Studies (CSIS) for a conversation about the evolution of US foreign policy in Asia over the last decade. Topics expected to be covered include diplomatic strategy in Asia, nuclear proliferation in North Korea and competition with China.
The Center for Strategic and International Studies (CSIS) is hosting an event to commemorate Asian American and Pacific Islander Heritage Month. The event will include a keynote address by Ambassador Katherine Tai, the U.S. Trade Representative and Co-Chair of the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders. A panel discussion will also explore ways to counter AAPI hate and discrimination and its intersections with U.S. foreign policy in Asia, building on a previous event held in 2021. The event is being hosted by CSIS' Asia Program, Diversity and Leadership in International Affairs Project, and the staff-led Black, Indigenous, and People of Color Employee Resource Group.
Removing trade barriers between Canada's provinces would have a significant impact on the country’s economy, according to Ryan Manucha, who recently co-authored a study into the issue. Research estimates that a 1% reduction in costs for professional and science services trading would be worth CAD713m ($538m) to the Canadian economy. The removal of internal trade costs would also permit products and workers to move more freely, aiding the flow of goods and services. The Canadian government's recently established Canadian Free Trade Agreement regulates domestic trade disagreements and helps guard against future disputes.
New York Fed president John Williams has stated that he will not connect the current monetary policy outlook to his recent work that highlights how major economies are still in a fundamentally low interest rate world. Williams declined to give an opinion on what monetary policy should or should not do in light of the likelihood that the current low-interest rate environment will continue even after the impact of the coronavirus pandemic is factored in.
The Federal Reserve’s June policy meeting might not result in an interest rate hike, as many traders and analysts would expect, according to this commentary. Policy makers are divided over whether to take a break in their rate increase cycle, or whether to carry on the hikes if inflation does not decrease. Much will depend on Fed chair Jerome Powell, but he may be constrained by the uncertainty surrounding debt ceiling funding.
Former National Security Advisor to President George W. Bush, Stephen J. Hadley, will join the Center for Strategic and International Studies (CSIS) for a conversation about the evolution of US foreign policy in Asia over the last decade. Topics expected to be covered include diplomatic strategy in Asia, nuclear proliferation in North Korea and competition with China.
The Center for Strategic and International Studies (CSIS) is hosting an event to commemorate Asian American and Pacific Islander Heritage Month. The event will include a keynote address by Ambassador Katherine Tai, the U.S. Trade Representative and Co-Chair of the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders. A panel discussion will also explore ways to counter AAPI hate and discrimination and its intersections with U.S. foreign policy in Asia, building on a previous event held in 2021. The event is being hosted by CSIS' Asia Program, Diversity and Leadership in International Affairs Project, and the staff-led Black, Indigenous, and People of Color Employee Resource Group.
Uncertainty persists over whether additional interest rate increases will be required in the US, according to the Federal Reserve’s chairman, Jerome Powell. The central bank needs to weigh the effect past rate hikes and recent bank credit tightening may have on the economy against the difficulties it faces in reigning in inflation. Powell said the Fed would have to go “meeting by meeting” in its approach but added that coming into this year it had “faced little restraint”. Policy makers will receive job and inflation data which could affect their decisions ahead of a meeting on 13 and 14 June.
Neil Gorsuch, one of the conservative justices on the US Supreme Court, has criticised the pandemic-related restrictions introduced by federal, state, and local governments that have led to “perhaps the greatest intrusions on civil liberties in the peacetime history of this country.” Gorsuch complained that measures introduced over the past three years, including eviction moratoriums, school closures, and mask mandates, concentrated power in the hands of too few people, and gives these individuals too much control over crucial decisions affecting the lives of Americans.
US Supreme Court Justice Neil Gorsuch has called the emergency measures taken during the COVID-19 pandemic the biggest infringement of civil liberties since the founding of the country. In an eight-page statement, Gorsuch criticised actions taken by governments across the United States, including school closures, vaccine mandates and restrictions on church services, as well as intervening in reproductive rights, gun control and native American rights. Following the expiration of the public health emergency, the court did not issue a judgment on a planned hearing on Title 42, which prevented asylum seekers entering the country.
Former National Security Advisor to President George W. Bush, Stephen J. Hadley, will join the Center for Strategic and International Studies (CSIS) for a conversation about the evolution of US foreign policy in Asia over the last decade. Topics expected to be covered include diplomatic strategy in Asia, nuclear proliferation in North Korea and competition with China.
The Center for Strategic and International Studies (CSIS) is hosting an event to commemorate Asian American and Pacific Islander Heritage Month. The event will include a keynote address by Ambassador Katherine Tai, the U.S. Trade Representative and Co-Chair of the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders. A panel discussion will also explore ways to counter AAPI hate and discrimination and its intersections with U.S. foreign policy in Asia, building on a previous event held in 2021. The event is being hosted by CSIS' Asia Program, Diversity and Leadership in International Affairs Project, and the staff-led Black, Indigenous, and People of Color Employee Resource Group.
Former National Security Advisor to President George W. Bush, Stephen J. Hadley, will join the Center for Strategic and International Studies (CSIS) for a conversation about the evolution of US foreign policy in Asia over the last decade. Topics expected to be covered include diplomatic strategy in Asia, nuclear proliferation in North Korea and competition with China.
The Center for Strategic and International Studies (CSIS) is hosting an event to commemorate Asian American and Pacific Islander Heritage Month. The event will include a keynote address by Ambassador Katherine Tai, the U.S. Trade Representative and Co-Chair of the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders. A panel discussion will also explore ways to counter AAPI hate and discrimination and its intersections with U.S. foreign policy in Asia, building on a previous event held in 2021. The event is being hosted by CSIS' Asia Program, Diversity and Leadership in International Affairs Project, and the staff-led Black, Indigenous, and People of Color Employee Resource Group.
Former National Security Advisor to President George W. Bush, Stephen J. Hadley, will join the Center for Strategic and International Studies (CSIS) for a conversation about the evolution of US foreign policy in Asia over the last decade. Topics expected to be covered include diplomatic strategy in Asia, nuclear proliferation in North Korea and competition with China.
