China is the only major economy which is likely to implement a significant policy stimulus in the coming year. However, its impact on the rest of the world will be small.

The Democrats were widely expected to win control of the House in yesterday’s midterm elections and the results set the stage for two years of legislative gridlock. President Donald Trump and the...

Markit’s manufacturing PMIs for October were a mixed bag, with steep falls in the euro-zone and UK sitting alongside small increases in other major economies. In aggregate, the surveys add to evidence...

The fiscal “giveaway” announced by the UK government yesterday has generated a lot of headlines, but it is trivial in a global context, or compared to the US stimulus. For advanced economies overall...