The Fed appears increasingly more determined to help the ailing housing market. Another round of asset purchases focusing on mortgage-backed securities, perhaps in the first half of next year, would...

The Fed opted to stay on the sidelines today. Most probably because FOMC members want more time to judge how effective the Operation Twist programme announced at the last meeting in September has been...

The acceleration in third-quarter GDP growth to 2.5% annualised, from 1.3%, seemed to make a mockery of fears that emerged early in the quarter that the economy was entering a recession. Nevertheless...

The Federal Reserve's framework for setting and communicating monetary policy came under the spotlight last week. It is understandable given the persistently high level of unemployment that economists...