If the current robust trend in employment growth continues, the unemployment rate could eventually fall to its lowest level since the early 1950s. But even if it does, there are several reasons to...

While the incoming data have remained mostly positive, the plunge in the Markit composite PMI in February suggests that economic growth could be set for a further slowdown in the first quarter, as the...

In contrast to market expectations, we are still sceptical that the Fed will cut interest rates this year, but we agree with Treasury investors that rates are more likely to fall than rise over the...

Judy Shelton’s rocky Senate nomination hearing this week means that President Donald Trump’s efforts to reshape the Fed from the outside could yet fail at the first hurdle. But the dovish Christopher...