Mexico is downstream of shifting trade winds.
Differing economic cycles and limited trade links will make the sur unfeasible.
Inflation has turned a corner, but not yet for food.
Markets are no longer shocked by central bank tightening.
Inflation is a mixed picture, with services staying hot.
Now is not the time to consider changing inflation targets.
The Northern Trust Economics team shares its outlook for key markets in the month ahead.
America's subsidies for domestic EVs have created new tensions with Europe.
A fiscal disruption could do great damage to the U.S. economy.
The Northern Trust Economics team shares its outlook for growth, inflation, employment, and interest rates.
Many older workers who left the workforce during the pandemic may not return to the labor market.
Workers and managers are in a tug-of-war over return to office policies.
U.S. consumers did not slow their spending over the holidays.
A surprising shift in Japan's monetary policy.
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.
Central banks are incurring losses.
The recent escalation in interest rates is squeezing household budgets.
Disabled workers are helping close the labor gap thanks to remote work.
Europe needs higher investments, which will only be possible with an overhaul of its fiscal rules.
Inflation has spread to our holiday celebrations.
China is still far from open for business as usual.
A split government will limit aggressive agendas and progress on important longer-term issues.
The Fed will keep hiking, but at a slower pace.
The Fed needs to carefully mop up excess liquidity to avoid funding stress.
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.
Evidence of a cooling labor market is emerging.
A path remains in sight for the U.S. to avoid a recession.
Policy responses to shortages are not always effective.
The pandemic drove up debt, and higher interest rates are adding to the burden.
Populations are aging, and the economic consequences will be substantial.
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates.
Writing off a portion of student debt does not fix the core challenges of paying for higher education.
The pandemic surge in demand for houses has run its course.
The war against inflation will be won when we no longer need to worry about it.
Workers take time to reach their full potential in new jobs.
Scarcity and trade frictions are leading to major supply chain realignments.
A long negotiation cycle yields green investment, a smaller deficit and higher corporate taxes.
The tourism industry remains vulnerable to macroeconomic, public health and geopolitical risks.
Household, corporate and bank balance sheets are more resilient today than during past crises.
Labor force participation is the greatest shortfall in an otherwise thriving labor market.
Major EMs are more resilient to U.S. interest rate hikes today than they were in past cycles.
