The further drop in oil prices this week, to below $43pb, means that the recovery in mining investment seen in the first half of the year may be at least partly reversed in the second. That said, we...

Fed officials continue to anticipate one more rate hike in the second half of this year, but markets are not even convinced that the Fed will hike rates again within the next two years. The Fed has...

As widely expected, the Fed raised its policy rate target by an additional 25bp today, to between 1.00% and 1.25% and, despite the recent weakness of core inflation, Fed officials still expect to...

Although the sharp slowdown in C&I bank loans over recent months has received plenty of attention, total corporate sector debt actually expanded by a record amount in the first quarter, suggesting...