The latest rise in oil prices reflects concerns about Kurdish supply and hopes for another extension of OPEC’s output cuts, neither of which may have a lasting influence on prices. But the oil market...

Business surveys published today for the euro-zone and the US suggest that growth in advanced economies was quite strong in September and that price pressures may have picked up a bit.

The Fed’s reversal of QE is another sign that the world is inching away from ultra-loose monetary policy. But it is planning to proceed slowly and avoid surprises, and no other central bank is likely...

Although we expect the Fed to raise its key policy rate more rapidly than financial markets anticipate next year, our forecast is for it to peak at only 2.25-2.50%, in 2019. In the euro-zone and Japan...