The Fed's assessment of the economic outlook didn't change much in the statement issued today, but the FOMC nevertheless felt it necessary to flag up explicitly that the pace of asset purchases could...

The latest fall in gasoline prices will soon drag headline PCE inflation below 1%. With core PCE inflation set to remain only just above 1.0%, the Fed is likely to become more concerned by the subdued...

With the full impact of the sequestration spending cuts, equivalent to roughly 0.7% of GDP, still to feed through, over the next 12 months the public sector will remain a significant drag on economic...

The Fed’s preferred PCE measure of core inflation could soon fall to around 1%. Together with the recent weakening in the tone of the incoming activity data, this may mean the Fed is less inclined to...