Any doubts about whether monetary conditions would remain ultra-loose this year have been put to rest by the ECB’s decision to launch “full-blown” QE and the wave of rate cuts implemented during the...

Market-based measures of inflation expectations have declined in the major advanced economies over the past few months. However, the economic risks posed by an extended period of very low inflation or...

Today’s flash manufacturing PMIs may be the first sign that the world economy is starting to reap the benefits of lower oil prices. They should also allay fears that the world economy is slipping into...

Central banks in several economies have loosened monetary policy this week and there is likely to be further easing to come. However, there are some exceptions among emerging markets, and we still...