Money and credit growth in the major advanced economies have held up remarkably well this year, despite overall economic growth remaining lacklustre. Indeed, lending to households is now expanding...

This week’s Jackson Hole conference is unlikely to shine much light on the immediate outlook formonetary policy either in the US or elsewhere. But it will underline how concerned many centralbankers...

Preliminary survey data for August, which were published today, suggest that economic growth remained slow but steady in advanced economies. Meanwhile, alternative survey evidence for the UK has been...

The global economy is set to expand by less than 3% for the second year running in 2016. That is a lot less than the 4%+ growth rates seen a decade ago. But in the grand sweep of history, current...