The politician who ought to be most immune to the populist rage sweeping the world’s democracies should be Italy’s Prime Minister Matteo Renzi. A former mayor who won election in Florence at the age of 29 as the radical alternative to an establishment candidate, Renzi has solid populist credentials. Moreover, Italians have already had their Donald Trump. Billionaire businessman …

For more than two years, markets have priced in a lot less monetary tightening than was signalled by the Federal Reserve’s “blue dots,” which represent the expectations of individual members of the Open Market Committee for the future path of interest rates. The surprise election of Donald Trump is likely to affect this divergence for two distinct reasons, and the …

  In the wake of the U.S. presidential election result, EU leaders are placing an even greater premium on solidarity. So in this topsy-turvy year, here’s another sobering thought to consider: Robust growth of the U.K. economy since the Brexit vote could be bad news for both the country and the continent. Let me explain. The economic picture in Britain …