What we can learn from public debt reductions in OECD countries
Public debt-to-GDP ratios have risen substantially over the past 25 years, and multiple spending pressures threaten to increase them further. This column outlines the lessons
The impact of uncertainty on corporate borrowing in the euro area
Uncertainty in the global economy has been elevated following trade tariff disputes, economic policy changes, and geopolitical risks. This column examines the impact of uncertainty
Why information campaigns may backfire: Voter heterogeneity and network effects
Political information campaigns that perform well in focus groups and pilot studies may backfire when applied at scale. This column uses a field experiment in
Multinational firms and global innovation
Multinational companies are at the heart of two key globalisation trends: the fragmentation of production and the internationalisation of innovation. This column studies the global
Brexit migration shifts: Benchmarking the UK to Germany
Brexit has been one of the most consequential institutional shocks to a major European economy in recent decades. This column examines how Brexit reshaped the
Sterling drops as inflation cements BoE cut expectations, dollar up before US inflation
British consumer price inflation fell to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed. Sterling fell on Wednesday after
Dollar remains firm as markets await ECB, BoE rate announcements
The yen dipped 0.1% to 155.85, extending a 0.6% slide on Wednesday. The dollar inched higher against its major counterparts on Thursday as markets positioned
Sterling drops as inflation cements BoE cut expectations, dollar up before US inflation
British consumer price inflation fell to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed. Sterling fell on Wednesday after
Macro-financial disconnect in the euro area: Assessing tail risks to euro area growth and equities
The euro area is experiencing a combination of low growth and persistently high policy uncertainty, but financial conditions are remarkably supportive and valuations now look
Gold edges down as investors turn cautious ahead of year-end US data
US Nov non-farm payrolls, unemployment rate data. Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which
