We think the recent rise in oil prices is likely to be reversed. But even if prices rose steadily to $100pb, there would be little fallout for global growth, despite an increase in headline inflation.

The business surveys for April, published by Markit today, support our view that the weakness of some of the recent data for advanced economies probably doesn’t mark the start of a sustained slowdown.

Despite some weakness in the first quarter, and concerns about protectionism, global economic growth is likely to hold up well this year. In advanced economies, the outlook for investment and...

The IMF’s latest Fiscal Monitor has put the rise in EM public debt over the past decade back under the spotlight. While debt ratios have increased across most of the emerging world, major...