Maija Sankauskaite, senior research associate in Vanguard's Fixed Income Group, looks at the key role that ECB bond purchases have played in the European credit market and explores how likely it is this that this safety net might be withdrawn.Read more
Read our latest views on the impact of the Covid-19 crisis on the global economy and the outlook for inflation, interest rates and trade.
Vanguard senior European credit analyst Samuel Lopez Briceno anticipates a decline in corporate leverage from the recent Covid-19 highs, and that the worst in terms of credit deterioration is likely behind us.
The Federal Reserve, the US central bank, left its target for the benchmark federal funds rate unchanged at its March meeting. Its approach to inflation and the labour market means rate hikes may be a way off.
As the first major economy to emerge from the pandemic and with fiscal and monetary policy decisions to make, all eyes are on China's policymakers.