With debt servicing costs still low and delinquency rates stable, households’ debt burdens are unlikely to emerge as a source of trouble, even as rising interest rates cause economic growth to slow...

The collapse in crude oil prices over the past month has radically altered the outlook for headline consumer price inflation over the next 12 months. The stronger dollar will only add to the...

The Fed’s latest Senior Loan Officer Survey suggests that the stagnation in third-quarter business equipment investment was no one-off and that there are few signs of a turnaround in the slumping...

The modest growth of unit labour costs and appreciation of the dollar this year suggest that core inflation is unlikely to rise much further. With inflation quiescent, we expect the Fed to continue...