Meeting

World Economic Update

Wednesday, May 14, 2025
Jeff Zelevansky/Reuters
Speakers

Partner and Chief Economist, PwC; CFR Term Member

Co-Chief Investment Officer, Bridgewater Associates, LP; CFR Term Member

Founder and Chief Executive Officer, Exante Data

Presider

Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations; @scmallaby

The World Economic Update highlights the quarter’s most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their implications for U.S. policy.

This series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies and is dedicated to the life and work of the distinguished economist Martin Feldstein.

Top Stories on CFR

NATO (North Atlantic Treaty Organization)

With both summits ahead, European leaders will have two opportunities to convince Trump about the importance of aiding Ukraine and ensuring European security.

Immigration and Migration

The White House’s latest travel ban imposes restrictions on citizens from nineteen countries. Many of those affected are contending with crises at home.

Economics

There is too much talk about the dollar’s role as a reserve currency and too little talk about expectations of exceptional returns. Reserve accumulation hasn’t driven the financing of the U.S. current account deficit in recent years.