There were no major revisions made to the US Federal Reserve’s economic forecasts at its monetary policy meeting last week.

Despite much of the economy being in lockdown for all of the opening quarter of the year, recently released national account data for the period show  activity held up much better than expected

The mid-year update from the OECD on the world economic outlook, published last week, paints quite an optimistic picture on the prospects for global growth.World GDP is projected to rise by 5.8% in 2021 and 4.4% in 2022, having contracted by 3.5% ...

The pandemic may bring a change in lifestyle whereby people are prepared to work less and accept lower incomes

Inflation is picking up globally and Ireland is proving no exception.

Given the growing optimism about a strong economic rebound, minds are turning to when the Bank of England might tighten policy

The US economy contracted much less than initially feared last year and it is on train to rebound this year as the rapid rollout of highly effective vaccines, substantial levels of fiscal spending and a rundown of household savings boosts growth.

Growth forecasts for the global economy have being revised upwards over the spring. The OECD now sees the world economy expanding by 5. 6% this year, compared to 4. 2% in its previous update.

Sterling appreciated steadily during the opening quarter of 2021, mainly due to the rapid rollout of Covid-19 vaccines in the UK – but other countries are beginning to catch up

Near-term prospects for economy are favourable but a close eye needs to be kept on likely changes this year to the global corporate tax regime