Hamish McRae

One of the country’s most respected financial journalists and commentators Hamish McRae is an associate editor of The Independent. He was named Business and Finance Journalist of the Year 2006 at the British Press Awards.

i Newspaper
 
TheIPaper
The Independent around the web

Hamish McRae: It’s not a question of if, but when... interest rates have been kept artificially low for long enough

Economic View: Monetary policy has become easier without the Bank of England doing anything

Vladimir Putin at a natural gas pipeline in Vladivostok in Russia’s far east in 2011

The West is too locked in to Russia to cause it pain. But it inflicts a lot of pain on itself

No one wants to be dependent on Russia. This is not sanctions.  It is common sense

Janet Yellen, chair of the Federal Reserve Board

Foreign crises do little to dent America's economic confidence

The contrast with Europe is stark as the building blocks for continued US recovery settle into place

Hamish McRae: The Brics are banking on a rather old-fashioned idea to challenge US and Western dominance

Economic View: Is the new bank likely to be of much use? The emerging countries have done pretty well without it

A strong currency isn't everything

A strong pound is a great tonic, but it's not an end in itself

At one time, presiding over a weakened currency would get you the chop... but things have changed

Hamish McRae: After the recent bull run, it wouldn’t be surprising if there was a correction in the markets soon

Economic View: The central banks have printed shed-loads of money and it has to go somewhere

The Consolations of Economics by Gerard Lyons, book review: Comfort and hope across the globe

Maybe economics should not be billed as "the dismal science" after all. The expression was coined by the Scottish historian Thomas Carlyle more than 150 years ago. Since then there has been a huge explosion of wealth worldwide, but even now it is much easier to promote economic gloom than economic success – witness the appeal of the pretty dismal observations of Thomas Piketty. So Gerald Lyons's solid and convincingly optimistic perspective is a welcome counterpoint to the narrow concerns about both the overall decline of the West and the growing inequalities within the developed world.

Britain and France have very different strengths, but only one of their economies is thriving

France may have a number of valuable assets, but we have flexible economic policy

Forget the politics of leaving Europe. What is the economic case?

The EU summit is said to have pushed Britain closer to the exit. It might be better to be just-in, or just-out

If a long period of growth underpins equities, does it automatically follow that bonds will be undermined?

Economic View: Governments need a long period of very low rates to correct the still-overstretched balance sheets
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Day In a Page

Evan Davis: The BBC’s wolf in sheep’s clothing to take over at Newsnight

The BBC’s wolf in sheep’s clothing

What will Evan Davis be like on Newsnight?
Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Inside a church for Born Again Christians: Speaking to God in a Manchester multiplex

Inside a church for Born Again Christians

As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
Rihanna, Kim Kardashian and me: How Olivier Rousteing is revitalising the house of Balmain

Olivier Rousteing is revitalising the house of Balmain

Parisian couturier Pierre Balmain made his name dressing the mid-century jet set. Today, Olivier Rousteing – heir to the house Pierre built – is celebrating their 21st-century equivalents. The result? Nothing short of Balmania
Cancer, cardiac arrest, HIV and homelessness - and he's only 39

Incredible survival story of David Tovey

Tovey went from cooking for the Queen to rifling through bins for his supper. His is a startling story of endurance against the odds – and of a social safety net failing at every turn
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little