So, they have been paying attention to the fragile state of Europe’s economy after all. According to a Bloomberg News report, the European Central Bank (ECB) will acknowledge that its own downgrades to the euro area’s growth and inflation forecasts are big enough to justify a change in monetary policy. This is the green light for a new round of ...

Forecast cutting resembles a business model these days. Another day, another venerable firm or institution reduces projections for economic growth. The Organisation for Economic Cooperation and Development (OECD) is the latest to jump on the bandwagon, citing trade tussles, China’s downdraft and Brexit. On the face of it, the overall picture isn’t dire. The OECD clipped its world-growth forecast to ...

It’s hard to find anyone willing to say — on the record — that anything could be wrong with the relationship between India and the US. Over the past 20 years, the world’s two largest democracies have grown steadily closer. But the truth is that this has happened in spite of the economic linkages between the two countries, not because ...