Payments systems

• Emerging-market eeconomies face COVID-19 and a 'sudden stop' in capital flows

  A rise in global risk at a time of investor risk aversion led to a rapid flight from emerging-market assets.

  April 14, 2020

• Southwest Economy, First Quarter 2020

  Mexico seeks to reduce consumers' longstanding reliance on cash

  Unlike the U.S., where consumers opt to pay with debit and credit cards or via apps, Mexico and its large informal economy continue to rely on hard cash. A new digital payment platform from the nation’s central bank aims to reduce the role of currency.

  April 06, 2020

• Trade relationships affect U.S. dollar appreciation’s impact across states

  The value of the U.S. dollar against other currencies has appreciated, making most goods produced in the U.S. more expensive overseas during the past year.

  July 09, 2019