This week it will be uncertainty over fiscal policy and a possible Federal government shutdown that dominates the headlines. Congress needs to pass a continuing spending resolution by the end of...

The latest US financial accounts show that the Fed’s reluctance to raise interest rates from near-zero is not because the central bank fears that it could trigger a debt crisis, either in the US or in...

The more the Fed procrastinates, the more we get the feeling that officials are fooling themselves into thinking that, if they only just wait a little longer, all the uncertainty will clear up and...

Despite raising its GDP growth and core inflation forecasts for this year and lowering its unemployment rate forecast for this year, the Fed opted to leave its key policy rate unchanged at 0.0% to 0...