Preliminary business surveys published today suggest that growth in advanced economies remained stable, but pretty weak, in June.

Many measures of inflation expectations are at, or close to, record lows. We do not think this means that the world as a whole is heading for a long period of very low inflation, or even deflation...

Following the FOMC meeting earlier this week, we have lowered our forecasts for the fed funds rate at the end of 2017 and 2018. But two key themes remain unchanged: global monetary policy will...

Although it is far from perfect, the global manufacturing PMI published by Markit seems to be the most reliable timely indicator of the strength of the world economy. It currently suggests that global...