We no longer believe that US economic growth will accelerate as much next year. The continued drag from the crisis in the euro-zone and the risk that America hits a fiscal cliff at the end of this...

The more we think about this from the perspective of what the Fed is ultimately trying to achieve, the more we're convinced that the best option would be a cut in the interest rate payable on excess...

Despite acknowledging the evident slowdown in US economic growth, the Fed declined to take any additional action at the conclusion of the two-day FOMC meeting today. It did, however, offer a hint that...

The economy does not have a “stall speed” of between 1.5% and 2.0% that means whenever growth falls below this rate a recession is imminent. This is especially the case when the economy current has so...