fiscal policy

PIMCO's chief executive Mohamed El-Erian described Chancellor Merkel's decision to insist on fiscal reform as a ‘burden' to an already challenged political construct that is trying to restore order.

The debt position of Greece, officially Europe's most indebted country, is set to be to worse than previously expected this year.

Riskier assets will benefit from benign monetary policy in the short term but frequent bouts of investor doubt will increase volatility, Aberdeen's Mike Turner believes.

With the end of the recession in sight, investors in the US need to be wary of the example of Japan's markets in the 1990s and beware of broad-based economic deflation