Ten Years After Brexit Vote, U.K. Economy Is Between 6% and 8% Smaller Than It Would Have Been, Study Finds

A decade after Britain voted to leave the European Union, economists at Stanford, the Bank of England, King's College London and the University of Nottingham estimate that by the end of 2025 the U.K. economy was between 6% and 8% smaller…

By Julian MerrickJune 24, 20262 min read

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MacroSeptember 2, 2026

Bond rout gathers pace as borrowing costs hit multi-decade highs

Borrowing costs are pushing to multi-decade highs with no sign of abating, as concern over inflation, the direction of interest rates, and elevated debt loads bears on global bond markets

2 min read

MacroAugust 31, 2026

Bank of America cautions investors as bear market signals ease

Bear market indicators are beginning to subside, but Bank of America is advising investors not to treat that shift as a turning point. The bank's guidance calls for continued caution rather than any move toward premature optimism

2 min read

MacroAugust 31, 2026

Warsh speech at Jackson Hole lifts rate-hike odds, analysts flag Fed-Treasury tension

JACKSON HOLE, Aug 31. Fed Chair Kevin Warsh delivered a hawkish address at Jackson Hole, reinforcing analyst expectations of a relatively tighter Federal Reserve stance ahead of the September Federal Open Market Committee meeting…

2 min read