Developments over the past couple of weeks suggest that President Donald Trump might finally be following through on the protectionist threats he made during the election campaign. The measures...

The reduction in the Fed’s balance sheet has begun to gather pace but is still having next to no impact on the monetary aggregates, suggesting that the effect on the broader economy will also be small...

Following a decade when productivity growth averaged barely 1% per year, we anticipate a modest acceleration to 1.5% over the next few years, principally because the low unemployment rate, rising...

Our long-held belief that a rebound in core inflation and faster economic growth, partly due to fiscal stimulus, would prompt the Fed to hike interest rates four times this year is rapidly becoming...