The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates and inflation.
We’ve covered some of the issues related to America’s fiscal crisis in recent months.
Daniel Kahneman will be missed. But his work on behavioral economics will forever be with us.
We need a much more conservative approach to projecting budget outcomes.
Cautious investment is holding back the outlook for European nations.
The Northern Trust Economics team shares its outlook for major markets, with a spotlight on China.
Europe needs to boost defense spending while managing stretched fiscal positions.
Food prices are dragging down feelings about the economy.
European nations still have a long energy transition ahead.
Consumers are less willing to spend freely.
The challenges in banks' portfolios will work out over time.
Saving rates rose immensely across economies during the pandemic period. Government support programs, many designed to stimulate demand, elevated household incomes.
There are about 44 million American men between the ages of 25 and 44, a time of life which is traditionally associated with high rates of employment. Yet members of this cohort are much less likely to be working than they were 20 years ago.
The Fed’s balance sheet could stabilize this year, but details are unclear.
The promise of GLP-1 drugs goes far beyond individual weight loss.
The economics team shares a few things that have been on our minds.
The economics teams looks back at the most significant stories we covered during 2023.
American consumers are becoming more frugal this holiday season.
Food prices illustrate several challenges of containing inflation.
The potency of monetary policy will weigh more heavily on activity in 2024.
Companies are rethinking office space.
The banking system has stabilized, but latent threats remain.
Forecasting economic outcomes is a challenging exercise, even under steady conditions. Geopolitical events have only added to the complexity facing economies worldwide.
The longer the U.S. debt is left to grow, the harder it will be to correct.
The U.S. economy’s remarkable resilience is complicating the lives of investors and the Federal Reserve. Despite war-disrupted commodity markets and one of the most aggressive monetary tightening phases in modern history, economic activity has remained strong.
Women are still underrepresented among economics majors and in a range of professions.
New bank rules will raise borrowing costs and weigh on economic activity.
Resurgent energy prices could contribute to higher for longer monetary policy.
The strike comes at an inflection point for automotive production.
The Northern Trust Economics team shares its outlook for major markets in the months ahead.
The FOMC will make some close calls and tough decisions.
Measuring, anticipating and controlling the cost of healthcare are all difficult.
The Fed's asset portfolio is on an uncharted course.
Holding expectations low will help the battle against high prices.
Workers are finding a fresh enthusiasm for organizing.
Geopolitics is driving new interest in industrial policy.
The nation's complex and contentious fiscal processes are deemed a credit risk.
The outlook for the British economy is sub-par.
China's re-opening surge did not last.
Japan may uniquely benefit from a wage-price spiral.
Income-driven repayment will ease the burden of resuming student loan payments.
There is renewed anxiety among central bankers in the face of sticky inflation.
Economies are struggling to shake off effects of COVID.
We review the key themes of the first half of a busy year.
The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates, and inflation.
