Data and Indicators
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In Memory of T. Gary Rogers, Former Chairman of the Board of Directors
It is with deep sadness that we acknowledge the passing of Gary Rogers. Gary served on our Head Office board of directors from 2005 to 2010. He held the positions of deputy chairman from 2006 to 2008 and chairman of the board from 2009 to 2010.
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Demonetization Is Catalyzing Digital Payments Growth in India
Nearly six months after India’s momentous demonetization, the government continues to expand options for digital payments to reduce the economy’s dependence on cash. While old habits die hard, recent data show that new digital payment methods are building momentum. These innovations offer simple, universal tools that may help India leapfrog older technology to reach a less cash-intensive future.
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Emergency Funds: Why Americans Choose Cash for Disaster Preparation
Amid a wealth of payment options, United States consumers continue to tuck away cash when preparing for the unexpected.
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China’s Growing Presence in Global Bond Indices
Despite the size and importance of China’s bond market, the country has had a limited presence in the major global bond indices. This is starting to change as several important bond indices have taken steps to add China following a series of reforms to the country’s domestic bond market.
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5 Fintech Trends Shaping Finance in Asia
While San Francisco Fed headquarters sits a few miles away from the world’s leading technology hub in Silicon Valley, many of the most innovative developments in financial technology (fintech) are happening across the Pacific. Here are five fintech trends shaping finance, banking, and banking regulation in Asia.
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Can Asia Overcome Challenges and Remain Resilient?
Despite sizable capital outflows in recent years, emerging Asia’s strong external position and solid economic performance will help the region weather headwinds and remain financially resilient.
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Overcoming Homeownership Challenges in Rural America: Lessons from Alaska
With its stunning landscape and rich culture, Alaska is known as the “The Last Frontier.” But the real “frontier” begins outside populated areas like Anchorage, Fairbanks, and Juneau where decent, safe, and energy-efficient housing becomes scarce.
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What’s the Value of Cash in a Digital Payments Landscape?
When you’re out with friends and the check comes, do you reach out your wrist or for your wallet or phone? For younger consumers, the choice is often cash before a peer-to-peer payment app, according to Wendy Matheny, manager of market analysis with the Federal Reserve’s Cash Product Office (CPO).
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Dim Sum Bonds Take a Dive
The development of an offshore bond market, colorfully referred to as dim sum bonds, is an important pillar of China’s strategy to make the renminbi a global currency. However, like other aspects of renminbi internationalization, the growth of the offshore bond market has been halting and uneven.
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What’s Limiting Upward Economic Mobility?
Work hard and you’ll achieve success and have a higher income than your parents. That’s the American dream. Yet thousands of struggling Americans are realizing that determination isn’t always enough, and it’s difficult to get ahead when you’re always behind. Here are five important things to know about economic mobility challenges holding people back.