Corporate profits are being challenged by market forces, diminishing pricing power.
Low commodity prices are containing inflation in emerging markets.
There is renewed anxiety among central bankers in the face of sticky inflation.
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.
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.
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.
Macroeconomic and geopolitical hurdles are slowing the full recovery of tourism.
A wage-price spiral isn't imminent in Europe, but inflation may take a while to descend.
The Fed is likely to lay the groundwork for a pause, and push back against an early pivot.
The latest IMF reports shows the mounting risks facing emerging markets.
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.
The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates and inflation.
The risk of Japanese inflation getting out of control is not high.
The Northern Trust Economics team shares its outlook for growth, inflation, employment, and interest rates.
The demise of a major bank illustrates the global tensions in the financial sector.
Can India capitalize on supply chain realignment to build its manufacturing sector?
A revised approach to Northern Ireland will lower trade tensions in Europe.
The war has been tremendously costly, in Ukraine and beyond.
The Northern Trust Economics team shares its outlook for key markets in the month ahead.
The U.S. needs to put in more effort at home to maintain its technological edge.
Mexico is downstream of shifting trade winds.
Differing economic cycles and limited trade links will make the sur unfeasible.
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.
Europe needs higher investments, which will only be possible with an overhaul of its fiscal rules.
China is still far from open for business as usual.
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, employment, inflation and interest rates.
Policy responses to shortages are not always effective.
Populations are aging, and the economic consequences will be substantial.
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates.
The pandemic surge in demand for houses has run its course.
The tourism industry remains vulnerable to macroeconomic, public health and geopolitical risks.
Major EMs are more resilient to U.S. interest rate hikes today than they were in past cycles.
