Economy

After the financial crisis rocked the framework of monetary policy, rate setters took to giving “forward guidance” to steady the ship, but the recent experience of British and Japanese central banks suggests it doesn’t guarantee […]

Consumer sentiment was slightly higher than anticipated in the beginning of May, coming in line with revised April results. The University of Michigan’s Friday report on consumer attitudes about the economy hit 98.8 in a […]

New applications for U.S. unemployment benefits unexpectedly held near more than a 48-year low last week, pointing to a further tightening of labor market conditions. Initial claims for state unemployment benefits were unchanged at a […]