The rapid rise in the value of outstanding student loans and the spike in the default rate have fuelled fears that student loans are the next bubble. Aside from the risk that excessive borrowing early...

Unless the housing recovery proves to be much stronger than we expect, it won’t provide a worrying boost to core CPI inflation. Nonetheless, the housing market poses an upside risk to our view that...

The housing recovery continues to go from strength-to-strength. House prices have risen by 5% over the past 12 months and there is an upside risk of a further acceleration. The faster prices rebound...

The annual growth rate of our measure of the broad M3 monetary aggregate edged up slightly to 5.5% in October and, with the Fed hinting at an expansion of its QE3 large-scale asset purchases in the...