The ISM surveys released this week suggest that the economy is set for another quarter of growth above 4% annualised. We suspect that will prove a little too optimistic, but the bottom line is that...

President Donald Trump may have reached an agreement to overhaul NAFTA this week but, as his interview with Bloomberg on Thursday highlighted, his protectionist instincts haven’t gone anywhere. They...

With the fiscal stimulus acting as a strong tailwind, economic growth has been unusually strong over the past few months but, below the surface, signs are emerging that rising interest rates have...

In his Jackson Hole speech, Fed Chair Jerome Powell revived Greenspan-era arguments that policy should be flexible and follow a “risk management” approach, but we doubt this amounts to much in...