Annual revisions to the income and spending data released this week mean that the household saving rate is now estimated to have fallen sharply over the past year, calling into question the...

The Fed’s latest policy statement suggests that, barring any disruptive debt-ceiling stand-off, the FOMC is ready to announce it will begin reducing the size of its balance sheet at its September...

As widely expected, the Fed left its policy settings unchanged today, while hinting that it will begin the process of winding down its balance sheet as soon as September. The Fed will have plenty of...

The Fed is unlikely to make any major policy changes at next week’s FOMC meeting, but the statement will probably concede that the recent drop back in inflation has been more broad-based than Chair...