While the growth rate of the narrower M1 money aggregate has started to slow a little, M2 growth has remained broadly unchanged and the growth rate of our reconstructed measure of the broadest M3...

The recent run of stronger economic data has led to speculation that the US economy could be poised for a good 2012 after all. This is a remarkable turnaround from August last year when speculation...

In addition to forecasting interest rates for the first time, by the end of this month the Fed may have adopted numerical targets for both inflation and the unemployment rate and perhaps even launched...

Just how US banks cope with the euro-zone crisis, which we believe will involve the departure of at least one nation from the currency union next year, could make or break the US economy in 2012.