The June Job Opening and Labour Turnover survey provided more evidence that labour market conditions are tightening, which will keep wage growth on a steady upward trend. With few signs of a sustained...

The most likely outcome of the midterm elections is legislative gridlock, although a second round of tax cuts would be unlikely even if the Republicans narrowly maintain control of both Houses of...

While the Fed hailed activity growth as “strong” at its policy meeting this week, we doubt GDP growth will maintain a 4% plus annualised pace in the third quarter. It’s early days, but data released...

As was widely expected, the Fed left interest rates on hold today but, by upgrading its assessment of economic growth to “strong” in the accompanying policy statement, it hinted that it will keep...