The jump in oil prices comes at a time when other indicators of near-term inflationary pressures are also beginning to look a bit more concerning. Accordingly, even if oil prices fall back sooner...

The productivity data released today confirm that, thanks to the large negative benchmark payroll revisions for 2025, productivity growth was stronger than originally estimated over the first three...

The jump in energy prices since the outbreak of the Iran conflict poses an upside risk to our inflation forecast and downside risk to our GDP forecast. However, even if prices remain at their current...

While parallels are being made with the energy price shock caused by the Russia-Ukraine war in 2022, the rise in energy prices as a result of the conflict in the Middle East has so far been smaller...