The current level of business investment is not unusually low, with firms opting to use funds to pay dividends or buy back equity instead. Nevertheless, that doesn’t mean the outlook for business...

The Fed’s latest Senior Loan Officer Survey suggests that growth in business investment in equipment will remain muted over the remainder of this year.

The Fed clearly wanted to signal last week that a rate hike in December was a realistic possibility but, on balance, we still anticipate that it will be delayed until early next year. It’s recently...

The post-FOMC meeting statement released today certainly leaves open the possibility that the Fed will hike interest rates at the next meeting in December. Nevertheless, we still think that the Fed is...