President Trump’s trade and other policies might cause turbulence over the next few years, but they are unlikely to derail the megatrends which will shape the global economy in the long run. We still...

The jump in Brazil’s headline inflation rate to 5.0% y/y in the first half of February means Copom will almost certainly press ahead with another 100bp hike in the Selic rate to, 14.25%, at its March...

The decline in euro-zone negotiated wage growth to 4.1% in Q4 last year is likely to be followed by further large falls this year. This is because tax-free one-off wage payments which lifted German...