The recent sharp rises in agricultural commodity prices will boost inflation a little, help keep real consumption growth subdued and narrow the trade deficit. But the gains in prices seen so far are...

The Fed's quantitative easing may be unconventional, but it is designed to work through the same channels as conventional changes in short-term interest rates; by lowering long-term interest rates...

The Fed's latest survey of Senior Loan Officers reveals a disturbing drop off in the demand for new loans and the renewed tightening of credit conditions for residential mortgages and other consumer...

The housing market recovery has yet to begin with activity more or less bouncing along the bottom. Home sales did edge further above their post-tax credit low in September, but they remained 20% below...