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 Northern Trust Economics team shares its outlook for key markets in the month ahead.
The availability of goods and cost of shipping are improving.
What drove the U.S. dollar's surge, and can it last?
Shinzo Abe's policies had a substantial impact both in Japan and around the world.
Markets are expecting lower gasoline prices ahead.
Revenue above expectations, pandemic federal aid and reserves have strengthened states' financial outlook. But states will need to prepare as pandemic aid winds down and the economy slows.
Inflation, China, Russia, Central Banks, Labor, Recession: It's been quite a year thus far.
Sustainable investing needs to adapt to new realities without compromising its core principles.
What will be the Fed's next steps after a rapid course correction?
A cooler housing market isn't a bad outcome.
Wedding costs reflect the myriad forces that have driven inflation upward.
Policymakers and forecasters were slow to change their mindset about inflation.
The Fed will need some luck on its side to deliver another soft landing.
The dollar is not as dominant as it was two decades ago, but is still the leading global currency.
The yield curve's movements are unlikely to change the Fed's course.
The war in Ukraine will weigh on the rest of Europe.
The Northern Trust Economics team shares its outlook for growth and interest rates in a context of high inflation.
Russia's actions will have immediate and long-term ramifications.
Inflation in the housing market will continue to build.
The Northern Trust Economics team shares its outlook for inflation and how the Federal Reserve will react.
The size and timing of QT will depend on financial conditions and the evolution of inflation.
Ongoing labor market shifts are a risk to economic growth.
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.
The Fed has made a sharp pivot by accelerating the tapering of its asset purchases.
The economics teams reflects on six themes that defined an extraordinary year.
The Northern Trust Economics team shares its outlook for the U.S. economy.
The new variant will test our ability to live with COVID-19
Once started, wage-price spirals are hard to stop.
