The outlook for interest rates across the UK, European Area and US, plus why the construction industry could be the canary in the coal mine for any impending recession.
Monetary policy and short-term interest rates

In the second of the series of macroeconomic outlook articles, Professor Ricardo Reis of the London School of Economics explains why interest rates have increased over the past 12 months, where they might peak, and what could cause central banks to pump the brakes on further rate hikes.