Preliminary business surveys released earlier today suggest that manufacturing activity in advanced economies weakened further in April. This would be consistent with slow, but positive economic...

With the three major advanced economy central banks holding policy meetings this week and next, we are sticking to our view that the next year or two will see a lot more divergence between monetary...

The IMF warned last week that the global economic recovery was at risk of slowing to “stall speed”, below which a recession becomes inevitable. However, there is little theoretical or empirical...

Fiscal policy in advanced economies is set to be loosened this year for the first time since 2010. Governments in the US and Canada have increased spending while budget deficits in many European...