In all likelihood, the Federal government will hit its debt ceiling at the start of next week, although the Treasury can use a number of accounting tricks to delay the day of reckoning, perhaps until...

The Fed's latest survey of Senior Loan Officers shows a rapidly widening divergence between the strengthening demand for commercial loans and the falling demand for residential mortgages.

Even after the downward revision announced at last week's first ever post-policy meeting press briefing, the Fed's new forecasts for economic growth still look a bit optimistic. In the light of the...

In his first post-FOMC meeting press conference, Chairman Ben Bernanke gave the impression that the Fed is in no hurry to tighten monetary policy.