The nation's complex and contentious fiscal processes are deemed a credit risk.
The outlook for the British economy is sub-par.
How will we tell if the mythical soft landing is happening?
A change in Turkey's economic policies was long overdue.
A favorable inflation report is just one step in a long journey.
China's re-opening surge did not last.
The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates and inflation.
El Niño will test the resilience of both infrastructure and food supply chains.
Corporate profits are being challenged by market forces, diminishing pricing power.
Japan may uniquely benefit from a wage-price spiral.
An upturn in residential activity may be the next inflation challenge.
Income-driven repayment will ease the burden of resuming student loan payments.
Low commodity prices are containing inflation in emerging markets.
There is renewed anxiety among central bankers in the face of sticky inflation.
Economies are struggling to shake off effects of COVID.
We review the key themes of the first half of a busy year.
The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates, and inflation.
Volatile input prices have been a major inflationary force.
Sunsetting a core benchmark rate is no small feat.
A perennial challenge faced by all big or small, developed or developing economies is achieving sustainable economic growth that boosts standards of living and financial stability. Globalization has been the road that brought economies to that destination.
In many respects, COVID-19 was not a temporary disruption.
Inflation is one way the U.K. is paying for leaving Europe.
A debt ceiling deal is within sight.
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.
Hong Kong’s currency and financial stability are not under immediate threat.
Both domestic and external forces may limit China's growth prospects.
The worst may be over for residential investment.
Macroeconomic and geopolitical hurdles are slowing the full recovery of tourism.
What follows a technical default? We hope we will not need to find out.
A wage-price spiral isn't imminent in Europe, but inflation may take a while to descend.
The Fed's tools for managing interest rates are adding to deposit competition.
The 2011 U.S. reality television show Doomsday Preppers showed an uncommon side of life, spotlighting families that prepared to survive extreme, potentially fatal scenarios. Their plans included accumulating a surplus of food, fuel, and other essentials, all of which came at a cost.
The Fed is likely to lay the groundwork for a pause, and push back against an early pivot.
We favor high yield bonds and natural resource stocks as inflation still shows persistence, earnings expectations deteriorate and worries mount over a stalling U.S. economy.
The latest IMF reports shows the mounting risks facing emerging markets.
The disruption in office real estate is outlasting the term on its loans.
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.
Housing stress may spread to other sectors.
Technology enhancements have increased the speed of panic.
The dollar's strengths still outweigh its weaknesses.
The case for a central bank digital currency has many shortcomings.
Money market funds are attracting deposits for more reasons than just SVB.
The risk of Japanese inflation getting out of control is not high.
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.