In sport, play is limited by time or innings. Lineups are set, rules are fixed and boundaries are defined. Winners are determined objectively.
Western economies are inching towards soft landings, and their central banks are reducing interest rates. These developments will be helpful to economies in the Asia-Pacific region as they conclude 2024 and look forward to next year. However, the outlook for China remains a central concern.
Energy policy decisions today will have long-lasting implications.
Asia-Pacific economies will benefit from soft landings and easier monetary conditions.
The election could alter the thriving relations between the U.S. and Europe.
Tougher stances on trade are a point of bipartisan agreement.
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates in major markets.
Tax cuts are popular but not affordable for most nations.
The Northern Trust Economics team reacts to the Fed's decision and shares its outlook for U.S. growth, employment and inflation.
How rapidly should the Fed cut rates?
The BRICS Pay initiative aims to better integrate currencies for trade and facilitate cross-border transactions among its members.
A bright spot in Chinese investment could spell trouble for its financial institutions.
A Soft Landing Scenario Is Still a Realistic Base Case.
The 19th Century American author Mark Twain once said: “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one’s lifetime.”
The Bank of Japan needs to proceed cautiously.
North American trade is booming, but gains have been uneven.
Western demand and monetary policy are having an important impact on economic prospects for the Asia-Pacific region.
Slower spending is a part of the return to normal economic conditions.
The initiation of the excessive deficit procedure will hinder European unity.
The Northern Trust Economics team shares its outlook for major markets, with a spotlight on the eurozone.
The allure of China as a global manufacturing hub is unlikely to fade anytime soon.
The health of the British economy is top of mind for voters in this election.
European disinflation allowed for a first cut, but the pace from here will be gradual.
Investors are reconsidering long-term capital commitments.
Lower interest rates in Europe will favor spending over saving.
The Northern Trust Economics team shares its outlook for growth, employment, inflation and interest rates in major markets.
The price gap between eating out and cooking at home is rising.
The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates and inflation.
Sanctions have not been as powerful as expected.
Hong Kong's prospects are closely linked to the outlook for China.
Having played sports my whole life, there is hardly an outdoor activity which I haven’t tried. I have been known to skip irksome social gatherings just to get out on to the fields.
Debt distress is rising fast, but restructuring is becoming more complex.
The Northern Trust Economics team shares its outlook for key APAC markets.
The Chinese yuan is softening in line with the nation's economic outlook.
Water raises the risks of conflict, civil unrest and economic pain in many parts of the world.
Negative interest rates have more cons than clear pros.
The negative rate experiment has ended. What comes next?
The Northern Trust Economics team shares its outlook for major markets, with a spotlight on China.
Corporate taxes illustrate the complexity of global policy coordination.
The World Trade Organization is struggling to settle international tensions.
Immigration is a vital source of economic growth.
One of the pleasant surprises of 2023 was how quickly inflation decelerated in major economies. Most of the good news came from falling goods prices.
As the U.S economy continues to expand at a nice rate of speed, the eurozone is stuck in a pitstop. Though the common currency region was able to avoid a technical recession last year, preliminary estimates show that activity stagnated in the fourth quarter of 2023.
Gross domestic product (GDP) is often considered the most important indicator of the health of an economy. But there are other measures that provide different perspectives, which can be more timely and impartial. The level of equity markets is one such indicator that provides a window into what’s going on.
The likelihood of another severe bout of inflation from higher shipping costs alone is low.
EU nations have compromised on paths toward fiscal balance.
The economics team shares a few things that have been on our minds.
The economics teams looks back at the most significant stories we covered during 2023.
