With less than two weeks to go until the next FOMC meeting, the odds that the Fed will raise interest rates this month are still close to 50-50. The US economic data remain strong, with the notable...

We are now assuming that, even if the rally in global stock markets continues, some Fed officials will still want to hold off on raising interest rates until October or even December. A September rate...

The growth rate of our broad M3 monetary aggregate rebounded to a robust 5.2% y/y in July, suggesting that there is little risk of a sustained deflation or a marked slowdown in real economic growth...

There are no signs of any major downturn in the US economy, economic growth in China still appears to slowing rather than collapsing and emerging markets are not about to endure a repeat of the 1997...