The failure of opinion polls or bookmakers to predict the UK’s June vote to leave the EU caught many investors by surprise. However, both polls and betting markets have a reasonable track record in...

Advanced economies have been suffering from weak underlying demand, partly due to a mix of demographic and technological changes. Looking ahead, there is some scope for a rebound in private investment...

With central banks running out of firepower, public finances in a better state than they have been for a long time and sovereign bond yields exceptionally low, it is not surprising that some...

The recovery in oil prices is a mixed blessing for global growth. We estimate that the contribution of energy costs to annual CPI inflation in the advanced economies will flip from an average of minus...