Automatic stabilizers prevented an economic breakdown, while trains are running empty and money stays parked.
The first wave of the economic recovery has generally exceeded expectations, but the recent surges in COVID-19 cases could deliver a setback.
COVID-19’s path is evident everywhere we look: spending, saving, staffing, sentiment, and sports.
The journey to a full recovery will be a long one, but at least we’ve taken some initial steps.
The challenges keep mounting for global trade, unemployed workers, and banks.
More infections lead to more worry, while the commercial real estate and tourism sectors are put to the test.
Banks undergo a true stress test, smartphones measure movement, and poverty may rise.
Why did unemployment fall? Why is Brexit proceeding? And why did so much food go to waste?
Economic data shows mild improvement, but the road to recovery will be a long one.
Economic factors are motivating recent protests and changes to supply chains.
Faster actions are better in fiscal policy, but that’s not the case for China’s foreign policy.
The pandemic is putting universities and their graduates to the test.
Major economies are easing restrictions to reboot economic activity. Unfortunately, they are faced with a difficult tradeoff between lives and livelihoods.
The absence of a “V-shaped” recovery means trouble for policy makers, mortgage finance, and emerging markets.
The Northern Trust Economics team gives a perspective on a tough outlook for U.S. growth and employment this year.
Will inflation soar? Will monetary policies work as intended, and what precedent are they setting?
China’s recovery and Mexico’s policy choices can be questioned, but the automotive sector’s slump is not in doubt.
SMEs and oil are feeling the demand decline, leading to calls for reopening businesses.
Policy measures to aid financial markets and labor forces through the crisis are wide-ranging.
Economic activity is expected to recover in the second half of the year, but the shocks in some parts of the world could last for longer.
Economic activity descended in an elevator and will climb back up on the stairs.
Economic data will reveal an incredible downturn.
Many consumers entered the crisis with no cushion.
Decisive measures taken today should help to keep the crisis from causing prolonged damage.
Relief efforts measured in trillions of dollars are bound to have some positive effect.
Growing policy responses reflect greater estimates of the costs of COVID-19.
Substantial fiscal policy is the best economic prescription for COVID-19.
Economic news will get worse before it gets better, but we expect the U.S. economy to pull through.
Can policymakers minimize economic disruptions from COVID-19?
We’ve been closely watching developments related to COVID-19 for the past several weeks. While we have hesitated to make significant changes to our outlook until evidence is clearer, we now expect the economic damage done by the outbreak will be more significant than initially thought.
The coronavirus outbreak is sending ripples through global supply chains and disrupting businesses.
The U.S. economy has been resilient in the face of uncertainty, but risks are growing.
A deep dive into the factors that brought inflation down and are keeping it low.
The U.S. Census is a vital research tool; the coronavirus is a vital risk.
Phase One: A limited deal is better than none.Inequality: We can’t manage what we can’t measure.Canada: Taking the lead with fiscal policy.
A strong economy will help U.S. consumers meet their financial resolutions in the new year, while residents of France and Australia have bigger worries.
Tensions between Iran and the United States brings a stressful start to 2020.
Continued modest global growth in 2020 may be the best we can hope for.
Rates were unpredictable, central banks were active, trade was volatile but consumers were undaunted. We reflect on the major economic trends of 2019.
Brexit and trade talks provided lots of uncertainty this year. Last week saw progress on both fronts.
The Northern Trust Economics team shares its outlook for U.S. economic growth, inflation, unemployment and interest rates.
Rate cuts and overnight operations were important developments this year. Where will the Fed go from here?
From freight volume to flight delays and real estate to recession risk, we share quick thoughts on a variety of economic subjects.
In the bond market, staying positive is easier said than done.
China’s economy is slowing by any measure, while Australia’s central bank takes rates to record lows.
Growth Prospects and Challenges Ahead for the U.S., U.K., Eurozone, China, and Japan.
Wealth taxes are politically resonant but difficult to enact. Oil prices are steady despite disruptions, while the EU’s food exports face tariffs.
This week’s Fed meeting started a pause in overnight rate cuts. But what will happen if yields on the long end move up?
