Having spent the past few months warning that Brexit would cause “severe regional and global damage”, the IMF today all but admitted that it had been bluffing, and acknowledged that economic growth...

Fiscal policy in advanced economies is looser this year than last and may well be eased further in the years ahead. In Japan, policy makers are on the cusp of announcing a large supplementary budget...

The UK referendum result may ultimately lead to the British government pursuing more liberal trade policies with the rest of the world. But progress is likely to be very slow. Meanwhile, the prospect...

We expect China’s economy to slow further next year and the renminbi to continue depreciating. Nonetheless, the risk of a “hard landing” or large currency devaluation is low, so China is unlikely to...