Although the asset purchase programme announced by the ECB this year is smaller than that announced by the Bank of Japan in 2013, the initial response of financial markets has, if anything, been...

It is now clear that there was a sharp drop in global growth in the first quarter of 2015. But activity is likely to rebound in the second and third quarters, just as it did last year. Indeed, the...

Broad money growth in the euro-zone has accelerated to its fastest rate since April 2009, supporting other evidence that the recovery there is gaining some momentum. Meanwhile, the pick-up in broad...

Preliminary business surveys published today suggest that the pace of global growth in Q1 was little changed from the end of last year. But this is partly due to weather-related disruption in the US...