Broad money growth continues to slow but, given the rebound in long-term interest rates over the past six months, we suspect that moderation reflects a waning speculative demand for money and is not a...

America will import fewer barrels of oil both this year and next but, while this will narrow the trade deficit a bit, it won’t provide a major boost to the economy.

The unusually cold winter weather may take some of the heat out of the economic recovery, but the adverse impact will be small for two reasons. First, the hit to activity will be cushioned by...

2014 could be the year that the economic recovery finally kicks into a higher gear. The big difference is that the headwinds that have hampered growth in recent years are fading, while the tailwinds...