The slowdown in trend productivity growth, which began a decade ago, is principally due to two structural factors; the fading boost from the IT revolution and the aging of the population. The...

Looser credit conditions, lower loan rates and the stronger economic outlook have continued to boost bank lending to businesses. This supports our view that business investment growth will accelerate...

The more data we see on economic activity in March, the more we're reassured that the drop-off in the preceding few months was almost entirely due to the unseasonably severe winter weather.

The markets have begun to heed the Fed’s bizarre warnings to ignore its own interest rate projections. But they shouldn’t be so trusting, especially when the minutes of the mid-March FOMC meeting...