Today's Commentary Yellen Sends Clear Signal the Fed Isn't in Any Rush The Fed chair appears willing to embrace a policy that risks allowing inflation to overshoot. Chile Reduces 2016 Growth Estimates The economy suffers from structural weakness and negative external effects. Mounting Risks Threaten U.K. Financial Stability The Bank of England says the EU membership referendum is the major short-term risk. Economic Briefing: Japanese Consumption Data Remain Downbeat Asian markets were mixed ahead of key U.S. data due out this week. View More Analysis Insight on Critical Issues Revisiting Residual Seasonality in U.S. GDP The issue hasn't gone away; this quarter is likely being affected. Noose Tightens Around Europe's Energy Firms Closure of conventional power stations and overreliance on renewables threaten energy security. U.S. Chartbook: Profit Pain The fourth quarter wasn't kind to corporate profits but the economic costs should be small, for now. U.S. Weekly Highlights and Preview, March 25, 2016 The job market could force the Fed's hand. View More Analysis Today's Releases View More Releases Survey of Business Confidence Latest: 30.7 The wild swings in global financial markets have buffeted business confidence. Sentiment fell with the markets through early this year but, like the markets, has firmed in recent weeks. Recent responses to all of the survey questions have taken on a brighter hue. And despite the decline in confidence in recent months, in a broader historical context, business sentiment is good and consistent with an economy that is expanding at the high end of its potential. View Full Analysis Reader's Choice U.S. Consumer Outlook: Supports for Spending Shift Real spending growth will reaccelerate, but supports will be different from last year. A More Promising Road to GSE Reform Reforming Fannie Mae and Freddie Mac is critical. U.S. Employment Outlook: High-Skilled Workers Face Hurdle Weakening R&D intensity stifles job creation among skilled workers in productive industries. U.S. Chartbook: How Data-Dependent Is the Fed? The turn in core inflation should stick, but the Fed does not seem so sure. The Economics of Japan's Negative Bond Yields At their current levels, negative rates and yields are unlikely to spur inflation.
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