The unusually cold winter weather may take some of the heat out of the economic recovery, but the adverse impact will be small for two reasons. First, the hit to activity will be cushioned by...

2014 could be the year that the economic recovery finally kicks into a higher gear. The big difference is that the headwinds that have hampered growth in recent years are fading, while the tailwinds...

We weren’t surprised by the Fed’s decision to begin tapering its monthly asset purchases, but we didn’t anticipate that it might not halt those purchases completely until late next year. As the...

Our non-consensus view that the Fed would begin to wind down its monthly asset purchases without further delay in December was proved correct. As we suggested, at the conclusion of the two-day FOMC...