The Fed’s decision to hike interest rates by 25bp last week may initially seem a little hard to square with the apparent weakening in the economic data since the start of the year, with the Atlanta...

As everyone expected following the recent blitz by officials to prepare the markets, the Fed raised the fed funds target by another 25bp today, to between 0.75% and 1.00%, but officials left their...

After the Fed’s co-ordinated attempts to prepare markets for another interest rate hike at this week’s FOMC meeting, which concludes on Wednesday, another 25 basis point hike is fully priced into...

With the prospect of an early deal on tax reform fading fast, we now assume that the fiscal stimulus won’t be passed by Congress until the start of next year and, as a result, we are revising down our...