The sudden post-election weakness in bank lending is a concern. The three-month-on-three-month annualised growth rate has fallen from 8% in mid-2016 to less than 2% this February. However, the...

The health care bill fiasco doesn’t necessarily alter our view on the prospect for tax cuts. We had already pushed back our forecast of both the potential size of any fiscal stimulus and its timing...

The debate over the Republicans’ health care bill last week is the clearest indication yet that implementing President Donald Trump’s legislative agenda won’t be as easy as he may have hoped. Although...

Thursday’s key House vote on the Republicans’ health care bill has been attracting a lot of attention in the markets amid fears that a defeat would threaten President Donald Trump’s plans for a major...