The Fed was never going to provide a definitive steer on future rate decisions at this week's FOMC meeting, particularly not when Chair Janet Yellen is due to speak at the Jackson Hole symposium in...

Our calculations indicate that second-quarter GDP growth accelerated to a more respectable 2.5% annualised, following a disappointing 1.1% gain in the first quarter. But be aware that the BEA will...

The incoming labour market data, including the strong rebound in June payrolls, have confirmed our suspicions that the big declines in April and May were only a temporary blip rather than the start of...

The latest NFIB and JOLT surveys add to the sharp rebound in June payrolls as evidence that labour market conditions continue to improve, which should generate a more pronounced acceleration in wage...