Although the global economy has proven surprisingly resilient in the face of US President Donald Trump’s tariff war and other severe challenges, cracks in the foundation are beginning to appear. The October update of the Brookings-FT Tracking Indexes for the Global Economic Recovery reveals an economic landscape that seems benign in some ways but unsettled in others, with household and business confidence weighed down by uncertainty about trade policy, political upheavals in many countries and geopolitical volatility.

Although the global economy has proven surprisingly resilient in the face of US President Donald Trump’s tariff war and other severe challenges, cracks in the foundation are…

UK and global GDP growth forecasts upgraded for this year but immigration controls could have negative impact