Fears of deflation have eased since the beginning of the year as oil prices have rebounded and global growth has stabilised. However, the appreciation of the euro and yen and continued weakness of...

The rapid expansion of emerging economies (EMs) over the past decade or two has reduced the scope for further “catch-up” growth. Along with this, many EMs are likely to continue falling short of their...

Employment growth in advanced economies has so far remained fairly resilient in the face of weaker global growth and we think labour markets will continue to tighten gradually in the coming months...

Manufacturing activity seems to have remained weak across the board at the start of the second quarter. Markit’s global manufacturing PMI, released today, slipped from 50.6 in March to 50.1 in April...