In yesterday’s Budget, the UK government pledged to press on with its austerity plan for at least five more years. But the UK is an exception. In most advanced economies the fiscal drag is easing and...

Concerns about potential disruption to Russian energy exports initially caused oil and natural gas prices to rise as the crisis in Ukraine unfolded, and they may yet do so again. But global energy...

China’s continuing economic slowdown is clearly bad news for some commodity exporters. However, the world as a whole should actually benefit from slower but better-balanced growth in China. The risk...

The crisis in Ukraine still has the potential to have a significant and prolonged impact on the global economy and financial markets, even though our current judgement is that the fallout is likely to...