Even if the super committee fails to recommend ways to reduce the budget deficit by Wednesday's deadline, as there will be no government shutdown, no debt default and no credit rating downgrade, we...

The growth rate of money has levelled out over the past couple of months, with our reconstructed measure of the broad M3 aggregate expanding by about 5% over the past year.

Prime Minister Noda’s announcement on Friday that Japan would join negotiations on the Trans-Pacific Partnership free-trade agreement is a step in the right direction. Not only would the pact open up...

The Fed's Senior Loan Officer survey shows that in the three months to October banks took steps to protect themselves from the European debt crisis. Nevertheless, the survey is still consistent with a...