At first glance, there would appear to be an inconsistency between our forecast that the trade-weighted dollar will increase by a modest 2% next year, while at the same time we also expect short-term...

The rise in credit spreads this year has been interpreted by some as a signal that the corporate sector is dangerously over-leveraged. At an aggregate level we can find very little evidence of this...

Although the Fed expects to raise interest rates only very gradually next year, we suspect that an acceleration in core inflation, thanks in part to a rebound in medical care inflation, will force the...

The rebound in the job openings rate to 3.7% in September, from 3.6%, illustrates that labour market conditions remain robust. September was also only the second month on record that the job openings...