We expect China’s economy to slow further next year and the renminbi to continue depreciating. Nonetheless, the risk of a “hard landing” or large currency devaluation is low, so China is unlikely to...

Developments over the past few days have revived concerns about the consequences of Brexit for theglobal economy. But they have not changed our view that the economic impact outside the UK and...

Business surveys published today suggest that global manufacturing growth ticked up in June. Note, however, that almost all the survey responses were received before the UK’s vote to leave the EU. The...

The latest monetary data are consistent with a gradual slowdown in advanced economies, but do not point to a collapse in growth. Looking ahead, global central banks are likely to respond to the UK...