Chair Janet Yellen's prepared congressional testimony, which struck a more upbeat tone on labour market conditions and included a detailed discussion of how the forward guidance will be amended...

The strong pace of growth in both broad money and bank loans is another reason to believe that the temporary bout of negative inflation, which almost certainly began last month, will not develop into...

This week we expect to learn that, principally because of the recent collapse in energy prices, US headline inflation plummeted into negative territory in January. Once the temporary effects from...

The collapse in crude oil prices does not bode well for Texas and North Dakota, the two key producers of shale oil. These states have experienced a surge in oil production since 2008 and are now...