We expect the ECB and Bank of Japan to step up their asset purchases a bit in the coming months and the Bank of England (BoE) to resume its QE programme after a four-year break. Indeed, “global QE”...

It is early days, but the limited data released since the EU referendum, as well as the reaction in financial markets, support our view that the economic implications of Brexit outside the UK will be...

Preliminary business surveys for July suggest that activity is contracting sharply in the UK following the Brexit vote. But there is no sign that other economies have been hit.

For the world as a whole, the economic impact of the UK’s vote to leave the European Union should be negligible. Nonetheless, growth looks set to remain lacklustre in advanced economies. And with...