The publication today of the first set of interest rate projections by the FOMC heralded a historic change in the way that the Fed conducts monetary policy, but had little practical impact on market...

Recent signs that manufacturing activity is going from strength to strength have prompted some hopes that industry will save the economy from another year of pretty weak growth. The problem is that...

While the growth rate of the narrower M1 money aggregate has started to slow a little, M2 growth has remained broadly unchanged and the growth rate of our reconstructed measure of the broadest M3...

The recent run of stronger economic data has led to speculation that the US economy could be poised for a good 2012 after all. This is a remarkable turnaround from August last year when speculation...