A debt ceiling deal is within sight.
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.
The Northern Trust Economics team shares its outlook for growth, inflation, employment, and interest rates.
The Northern Trust Economics team shares its outlook for key markets in the month ahead.
Now is not the time to consider changing inflation targets.
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.
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.
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates.
Workers take time to reach their full potential in new jobs.
A long negotiation cycle yields green investment, a smaller deficit and higher corporate taxes.
Inflation, China, Russia, Central Banks, Labor, Recession: It's been quite a year thus far.
What will be the Fed's next steps after a rapid course correction?
Strong employment and spending will help the economy grow through current shocks.
The Fed has set the stage for a series of rapid rate hikes.
Drug abuse and long-haul COVID are obstacles to getting back to work.
What role do financial statements play in climate change?
Output is not falling, but the amount of energy required to fuel that activity is diminishing.
The Northern Trust Economics team shares its outlook for growth and interest rates in a context of high inflation.
The Northern Trust Economics team shares its outlook for inflation and how the Federal Reserve will react.
Ongoing labor market shifts are a risk to economic growth.
The flow of excess cash has returned to normal, but the stock is still quite elevated.
The Northern Trust Economics team shares its outlook for the Federal Reserve and the U.S. economy.
A legislative impasse raises bigger questions about public finances.
Employment metrics support the Fed's change of course.
The higher the costs of conventional energy, the greater the case for investment in clean energy sources.
Measures aimed at containing COVID-19 will suppress growth and stress inflation.
The recovery has had its ups and downs, but the economy is moving in the right direction.
The automotive market is running lean.
A firm economic recovery is well underway, but the fast-spreading Delta variant is clouding the outlook.
The Northern Trust Economics team shares its outlook for the U.S. economy.
Workers have the upper hand, but not for long; Latin America stagflates; and Sweden provides a case study in COVID-19 response.
Reflecting on a busy six months of vaccines, inflation, trade relations, supply chains, and policy challenges.
Brexit is as complicated as we expected, but restaurants are reviving and aircraft tariffs are suspended.
Many economies are now in advanced stages of economic reopening, but some are still struggling.
The Fed is talking about tapering its asset purchases.
COVID made demographic challenges even more complicated, but that hasn't slowed demand for houses in the U.S.
Crisis investments may yield a lasting boost to productivity, while Australia's restrictions pose a lingering risk.