The growing sense of market panic evident in the sharp declines in equity prices and the strong rally in US Treasury bonds over the past week is hard to square with the solid outlook for US economic...

As it is consistent with slower investment growth, lower inflation and a rise in the unemployment rate, the NFIB’s latest survey of small firms bolsters the case of the doves at the Fed.

We expect the boost from lower long-term interest rates to outweigh any negative impact on economic growth from the stronger dollar. The 10-year yield started the year at 3.0%, but most recently has...

Although we anticipate that the first interest rate hikes in both the US and the UK will come around the same time, towards the end of the first quarter next year, we expect the subsequent pace of...