Wall Street is scrambling to slash its US growth forecasts following the Fed's biggest interest rat…

The bank changed its forecast after Fed Chair Jerome Powell talked up the chances of a bigger move …

A strong US labor market and rising wages mean the Fed is likely to hike rates four times between M…

Wages have surged higher for two months straight, but Goldman said that inflation should cool as Am…

A narrow Democratic majority in the Senate would likely mean less fiscal stimulus than a larger maj…

The bank's economists lowered their third-quarter forecast to 25% from 33%, citing new lockdown mea…

The other, more fundamental question is what it all means for the likely path of the funds rate. Is…

"[F]rom the household survey, the number of individuals who reported not being at work due to bad w…

That's about 7.5 out of 10. Not bad given this crazy year. That's why Hatzius is one of the best.He…

In contrast to his statements on QE, he has recently expressed a more skeptical view of forward gui…

He does note, however, that the unemployment rate, at 7.0%, is now at a level which Fed chairman Be…

"If China does slow more seriously, how big are the spillovers to DM growth?" Hatzius asks. "Probab…

"The first area where sequestration has shown up fairly clearly in the data is personal income, whi…

Nonfarm payrolls are always released three weeks after the survey week, which typically means the f…

We still expect Fed officials to taper QE at the September 17-18 FOMC meeting, but to offset the im…

...U.S. export performance looks only middling even if we restrict our attention to European tradin…

But we do not expect the impact to be as bad as suggested by Exhibit 1. We recently estimated the e…

Some short excerpts from a research note by Goldman Sachs chief economist Jan Hatzius:

"2013 was another relatively weak year for U.S. growth because increasing fiscal drag, from federal…

A research paper, even authored by senior Fed economists, is not the way the Fed is going to signal…