At this stage, it is almost universally expected that, after a seven-year period at near-zero, the Fed will raise interest rates this Wednesday. Like everybody else, we anticipate a 25 basis point...

Last week Chair Janet Yellen all but confirmed that the Fed will begin to raise interest rates from near-zero at the upcoming FOMC meeting, which ends on 16 th December. Any final doubts should have...

At first glance, there would appear to be an inconsistency between our forecast that the trade-weighted dollar will increase by a modest 2% next year, while at the same time we also expect short-term...

The rise in credit spreads this year has been interpreted by some as a signal that the corporate sector is dangerously over-leveraged. At an aggregate level we can find very little evidence of this...