With the unemployment rate falling to 6.6% in January, putting it very close to the Fed's threshold level of 6.5%, new Chair Janet Yellen could use her congressional testimony this week to signal how...

In her semi-annual monetary policy testimonies to Congress this week, we expect new Fed Chair Janet Yellen to emphasise that the weak tone of some of the incoming data and the turmoil in emerging...

Low vacancy rates, falling unemployment and faster earnings growth will drive the rents inflation higher over the next year or two. In addition to signs that wage growth is poised to accelerate, this...

The decline in the Federal budget deficit over the past few years has been impressive, but the longer-term budget challenges linked principally to the aging of the population have still to be resolved...