For all the talk of a sharp slowdown in the global economy this year, broad money and credit have been growing at a steady pace. In advanced economies as a whole, credit has increased by around 5% y/y...

In their declaration earlier today, G7 leaders claimed that “global growth is our urgent priority”. Promoting growth is a worthwhile aim but the implication that the world economy is on the brink of a...

The recovery in oil prices should be a net positive for the global economy but is not without its downsides, including the support it might provide to the hawks at the Fed.

Preliminary PMIs published by Markit today suggest that manufacturing activity in advanced economies eased in May. Indeed, it looks increasingly likely that economic growth in the euro-zone and Japan...