The Fed's latest Senior Loan Officer survey revealed that the ongoing crisis in the euro-zone is beginning to have a more marked impact on domestic credit, with foreign-owned banks tightening lending...

The Fed's new interest rate projections ended up having only a modest impact on market expectations last week. Indeed, the impact was smaller than we might have expected based on the pledge in the...

The publication today of the first set of interest rate projections by the FOMC heralded a historic change in the way that the Fed conducts monetary policy, but had little practical impact on market...

Recent signs that manufacturing activity is going from strength to strength have prompted some hopes that industry will save the economy from another year of pretty weak growth. The problem is that...