Despite endless claims that the US is hopelessly indebted to foreigners, which will eventually lead to a collapse in the dollar and/or rampant inflation, its net external liabilities are actually...

Renewed falls in vehicle prices probably won’t reduce CPI inflation by much. But, along with the latest drop in financing rates and loosening in loan criteria, they provide support to our view that...

We are heartened by the recent signs that economic growth is being driven by more sustainable domestic forces rather than potentially temporary overseas influences. This leaves the economy well placed...

The Fed acknowledged in its statement today that the economy was again growing at a "moderate" pace and FOMC participants revised their forecasts for the unemployment rate slightly lower for 2014 and...