The Senate outcome opens the door to future cooperation, while Brexit sets the stage for future frictions.
A variety of data sources show we are closer to normal, but not fully recovered.
From global responses to local lockdowns, we all witnessed dramatic changes in 2020.
Promising developments surrounding vaccination give us hope that 2021 will be a better than year than the one that is about to end.
While some indicators are slowing, we are optimistic for a better year ahead.
Yellen is a good candidate for a tough job, and we review the outlooks for U.S. holiday spending and trade in Asia.
Fair trade over free trade will remain the theme in Washington.
The Northern Trust Economics team forecasts the U.S. economy’s continued recovery.
Our election 2020 coverage concludes with a look at the nation’s physical and human capital.
Fostering immigration, encouraging family expansion, and stopping COVID-19 are tough problems with no easy solutions.
The environment is one of many sets of regulations under consideration.
U.S. Healthcare Reform Proposals, Childcare Needed to Support Workers, Past U.S. Debt Recovery Won’t Repeat.
Our election 2020 coverage begins with fiscal policy, security risks that are slowing foreign investment, and legislative standstills.
Brexit takes an uncertain turn, while the Fed seeks loan borrowers and parents welcome adult children back home.
Breakout inflation is not our top concern. Europe explores support for national champions, and the U.S. unemployment rate masks some fragility.
The Northern Trust Economics team forecasts the U.S. economy’s recovery from COVID-19.
The Kansas City Fed’s annual Monetary Policy Symposium at Jackson Hole is a signature event for those of us who follow central banks. The conference typically doesn’t generate much front-page news: the subject matter is usually more technical and conceptual than a broad audience would appreciate. But 2020 is not a typical year.
The Northern Trust Economics team forecasts the U.S. economy’s recovery from a record-breaking decline.
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.
Economic data shows mild improvement, but the road to recovery will be a long one.
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 Northern Trust Economics team gives a perspective on a tough outlook for U.S. growth and employment this year.
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 data will reveal an incredible downturn.
Decisive measures taken today should help to keep the crisis from causing prolonged damage.
Growing policy responses reflect greater estimates of the costs of 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?
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.
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.
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.
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.
The Northern Trust Economics team shares its outlook for U.S. economic growth, inflation, unemployment and interest rates.
Are the latest Brexit and GSE proposals the end of the beginning or the beginning of the end?
Deep U.S.-China divisions make a ‘phased’ deal our best hope for trade progress.
Exploring the survey that is the current cause for concern.
October will be a telling month for Brexit, the eurozone economy and the U.S.-China trade war.