Financial conditions have tightened in recent months, as the dollar has continued to trend higher, corporate credit spreads have widened and stock markets have suffered a correction. Nevertheless...

Fed Chair Janet Yellen’s testimony to Congress today revealed that, while the FOMC might not be ready to raise interest rates for a second time in March, she still anticipates a “gradual” series of...

The slump in market-based breakeven inflation rates has raised fears that falling inflation expectations could trigger a deflationary spiral in the US. But breakeven rates are measures of inflation...

In her semi-annual testimony to Congress this week (to the House on Wednesday and the Senate on Thursday), Fed Chair Janet Yellen is unlikely to say that a March rate hike is completely off the table...