Central bank independence seems to be increasingly under attack, raising fears that the success of central banks in anchoring inflation and inflation expectations in recent years could be reversed. We...

February’s manufacturing PMIs suggest that the industrial downturn in advanced economies has worsened. Even the US is showing signs of succumbing to the widespread deterioration in industrial output.

A look at recent figures on stockbuilding and inventories provide another reason to think that the economic cycle has turned downwards.

This Update cuts through the Brexit quagmire by highlighting four things we now know about Brexit, four things we don’t, and four implications for the economy and the financial markets.