We have now incorporated a further escalation in the US-China trade war into our baseline forecasts. On its own, this is unlikely to have a major impact on global GDP growth. But combined with...

We have now incorporated a further escalation in the US-China trade war into our baseline forecasts. On its own, this is unlikely to have a major impact on global GDP growth. But combined with...

The Fed’s conference this week on monetary policy strategy has put central banks’ frameworks back in the spotlight. But even the more radical options being discussed, such as price level targets, are...

The direct effects of the trade war on global GDP have so far probably been negligible. The indirect impact, via weaker confidence and investment, has been bigger. But we estimate that even this...