There is little evidence that the upcoming presidential election played any role in the weakness of economic growth in the first half of this year or, despite the early optimism, what is shaping up to...

While the decline in the neutral real fed funds rate in recent years can be explained in part by the decline in potential GDP growth, there are other factors, including increased risk aversion, higher...

If Donald Trump wins November’s presidential election, there is now a clear possibility that Fed Chair Janet Yellen would resign almost immediately, perhaps even before the mid-December FOMC meeting...

The Fed left its policy rate unchanged at between 0.25% and 0.50% at last week's FOMC meeting, but it appears to be firmly on track for a December hike. However, the fed funds rate is likely to...