Recent and prospective changes in the conduct of monetary policy suggest that policymakers may be willing to take slightly greater risks with inflation than they were previously. But we expect...

Preliminary purchasing managers’ surveys for March indicate that the recession in the euro-zone has deepened once more, while the recovery in the US has strengthened. There was a small rise in China’s...

The $10 decline in the price of a barrel of Brent since early February reflects the faltering in the world economy and, most recently, the fresh worries about the euro-zone triggered by the crisis in...

The latest business surveys suggest the pick-up in activity early this year has softened almost everywhere, except the US, as the PMIs dropped back in most advanced and emerging economies in February.