The Northern Trust Economics team shares its outlook for the Federal Reserve and the U.S. economy.
Excess cash has accumulated in every corner of the economy.
A legislative impasse raises bigger questions about public finances.
Employment metrics support the Fed's change of course.
The Fed has made a sharp pivot by accelerating the tapering of its asset purchases.
The BoE has started tightening. Will the ECB follow?
The economics teams reflects on six themes that defined an extraordinary year.
High inflation and strong economic data may make the Fed hurry to conclude asset purchases.
The Northern Trust Economics team shares its outlook for the U.S. economy.
The latest climate pledges are encouraging, but fulfilling them will be a challenge.
The new variant will test our ability to live with COVID-19
The deteriorating health situation in Europe threatens to send the recovery into reverse.
Once started, wage-price spirals are hard to stop.
What is in the new infrastructure bill, and what's next for Congress?
Boosting confidence in public health is essential to a durable economic recovery.
In this special report, the Northern Trust Economics team shares its outlook for growth, inflation, employment and interest rates in the year ahead.
Strikes and quits show workers are feeling emboldened.
The phrase “behind the curve” originates from aviation. The “power curve” maps an airplane’s speed to the thrust applied by the engine. This relationship varies with conditions; being behind the power curve can risk stalling or damaging the plane.
With Turkey’s central bankers being shown the door, foreign investors are likely to follow.
There is no one-size-fits-all approach to dealing with COVID-19.
The higher the costs of conventional energy, the greater the case for investment in clean energy sources.
Global themes we are tracking: public health, de-globalization, policy retreat, technology and the East and West divide.
The outlook for the fourth quarter and beyond is positive, but the recovery remains uneven. The Northern Trust Economics team shares its outlook for key markets in the month ahead.
Personal trading could undermine public trust in the Federal Reserve.
Unilateralism is not a remedy for multilateral institutions.
The Delta variant’s impact on supply chains and domestic spending slowed economic activity in the third quarter. Consumer confidence dipped noticeably, and businesses’ outlook dimmed somewhat. Rising inflation, the product of goods and labor shortages, has been a concern.
Today's supply and inflation challenges stem from Brexit.
Are inflation forecasts reliable enough to shape policy?
Several events will have major influences on the global economy in the months ahead.
Canada's election yielded no changes, leaving housing as the key risk to watch.
The stage looks set for a taper without any tantrums.
The spillover from the property sector to the broader economy could be significant.
The Delta variant and supply constraints are the biggest worries for the global outlook.
The Fed governors will soon decide when and how to taper asset purchases.
Europe still needs fiscal support to preserve stability and growth.
The U.S. Congress faces major financial deadlines in the month ahead.
Evergrande is an example of the risk of debt defaults to China's financial stability.
Household savings and central bank policies have reduced the need for credit.
Trucks are a vital link in supply chains, but there aren't enough people to drive them.
Floods, fires and droughts are growing risks.
A puzzling jump in retired Americans should reverse soon.
Measures aimed at containing COVID-19 will suppress growth and stress inflation.
New virus outbreaks in supplier nations are adding to inventory problems.
The recovery has had its ups and downs, but the economy is moving in the right direction.
Governments are finding their place in supporting development.
The automotive market is running lean.
The debate over post-pandemic scheduling often centers on productivity.
