By making it clear that interest rates will not be raised this year and that quantitative tightening will start to wind down earlier than previously suggested, the Fed was even more dovish this week...

The Fed’s revised economic projections, which now imply no rate hikes this year, together with the announcement that it will halt its balance sheet run-down in September, came as a positive surprise...

The deluge of data this week provided some mixed signs on economic activity, but one clear theme from the producer and consumer price releases was that what little inflationary pressure there is in...

Attention on Friday was inevitably captured by the terrible February payrolls number but, looking back at developments this week, there was also a surprising number of positives.