Although the Fed’s rate hikes have so far been modest compared to previous tightening cycles, actual borrowing costs faced by households and firms have risen more markedly. That is a key reason why we...

The recent strength of the economy appears to be pushing Fed officials in an increasingly hawkish direction. But the corresponding surge in market interest rates this week only reinforces our own view...

The new trade deal agreed with Canada and Mexico won’t in itself have much impact on the US economy. Along with the deal recently agreed with South Korea, however, it provides another example of...

President Donald Trump’s renewed criticism of Canada this week means that the end-September deadline for a new trilateral NAFTA agreement is set to pass without a deal, increasing the threat that...