Transit has not made a complete recovery from the pandemic.
The Northern Trust Economics team shares its outlook for major markets in the months ahead.
Both domestic and external forces may limit China's growth prospects.
The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates, and inflation.
The Fed's tools for managing interest rates are adding to deposit competition.
The Fed is likely to lay the groundwork for a pause, and push back against an early pivot.
How will tighter lending standards become evident in the economy?
Financial volatility continues to moderate amid settling in the banking sector. Economic data in much of the world has remained positive. But a slowdown is in store. Businesses and households will have a harder time borrowing as credit conditions tighten further. Financial risks have risen.
Technology enhancements have increased the speed of panic.
The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates and inflation.
The case for a central bank digital currency has many shortcomings.
If I did not have bad luck, I would have no luck at all.
The Northern Trust Economics team shares its outlook for growth, inflation, employment, and interest rates.
The full story of SVB is still unfolding, but we offer some initial reactions.
Elevated job openings may not give an accurate view of labor market conditions.
If marked to market, assets purchased during quantitative easing are in the red.
Artificial intelligence will reshape how a lot of work gets done.
The Northern Trust Economics team shares its outlook for key markets in the month ahead.
The auto industry is navigating through shifting conditions in trade, policy, and preferences.
Time out of school is still weighing on student performance.
Markets are no longer shocked by central bank tightening.
Inflation is a mixed picture, with services staying hot.
A fiscal disruption could do great damage to the U.S. economy.
Many older workers who left the workforce during the pandemic may not return to the labor market.
The economics teams looks back at the most significant stories we covered during 2022.
The Northern Trust Economics team shares its outlook for inflation, growth, employment and interest rates.
The recent escalation in interest rates is squeezing household budgets.
Inflation has spread to our holiday celebrations.
A split government will limit aggressive agendas and progress on important longer-term issues.
Governments will have to resist the temptation to address stagflation with stimulus.
Internal priorities and external circumstances have brought China's growth to an inflection point.
After a strong rebound from the pandemic in 2021, it’s been all downhill for the global economy this year. Economic activity is being hindered as policymakers cope with the hottest inflation in decades, impairments from the Ukraine war, and China’s prolonged lockdowns. Recession fears are starting to come true.
Renewed increases in energy prices come at a bad time in the battle against inflation.
The Northern Trust Economics team shares its outlook for growth, employment, inflation and interest rates.
Hurricane Ian has laid bare the challenges facing Florida’s insurance industry.
A path remains in sight for the U.S. to avoid a recession.
The pandemic drove up debt, and higher interest rates are adding to the burden.
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates.
The war against inflation will be won when we no longer need to worry about it.
Scarcity and trade frictions are leading to major supply chain realignments.
Household, corporate and bank balance sheets are more resilient today than during past crises.
The availability of goods and cost of shipping are improving.
What drove the U.S. dollar's surge, and can it last?