Following the move this week to impose tariffs on imports of steel and aluminium, the widening in the trade deficit to a nine-year high in January is likely to have bolstered President Donald Trump’s...

Developments over the past couple of weeks suggest that President Donald Trump might finally be following through on the protectionist threats he made during the election campaign. The measures...

The reduction in the Fed’s balance sheet has begun to gather pace but is still having next to no impact on the monetary aggregates, suggesting that the effect on the broader economy will also be small...

Our long-held belief that a rebound in core inflation and faster economic growth, partly due to fiscal stimulus, would prompt the Fed to hike interest rates four times this year is rapidly becoming...