Although the Fed expects to raise interest rates only very gradually next year, we suspect that an acceleration in core inflation, thanks in part to a rebound in medical care inflation, will force the...

The rebound in the job openings rate to 3.7% in September, from 3.6%, illustrates that labour market conditions remain robust. September was also only the second month on record that the job openings...

The current level of business investment is not unusually low, with firms opting to use funds to pay dividends or buy back equity instead. Nevertheless, that doesn’t mean the outlook for business...

The Fed’s latest Senior Loan Officer Survey suggests that growth in business investment in equipment will remain muted over the remainder of this year.