Concerns about the global impact of tighter Fed policy are likely to resurface later this year, but we think these worries are exaggerated. Even if rates are hiked, US monetary policy will remain...

Concerns about the possible negative side effects for the rest of the world from QE by the ECB look overdone. Admittedly, the appreciation of other currencies against the euro will be a headwind for...

Some indicators suggest that the euro-zone economy may grow faster than the US in Q1. But this is largely because unusually severe weather has hit US activity. While the euro-zone economy has gained...

The surge in the US dollar to multi-year highs has triggered many worries, including the threat to the US recovery, heightened risks of global deflation via the impact on commodity prices, and the...