Broad money and credit have continued to grow at a steady pace since the start of the year while government and corporate bond yields have dropped back. The prospect of further easing from the ECB and...

Preliminary PMIs published by Markit today suggest that, having slowed sharply in February, manufacturing growth in advanced economies remained very weak in March. The flash manufacturing PMIs rose...

Helicopter money may be the next big thing as policymakers reach the limits of standard unconventional policies. In theory, it can fund an unlimited increase in both public spending and the money...

Emerging economies will not regain their pre-crisis growth rates any time soon, but we think they will recover this year and continue to grow more quickly than advanced economies. What’s more, they...