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Economic Trends & Insights

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Global Economic Outlook

Explore the prospects and challenges ahead for the U.S., the U.K., the eurozone, China and Japan through analysis from our global economic research team.

Read Our 2025 Global Economic Outlook

Northern Trust’s leading economists explore the challenges and choices that will shape economies in 2025.

Read the latest bal Economic Outlook: Myths and Reality

Sticky underlying price pressures could prevent a faster return to neutral monetary policy.

Read the latest Global Economic Outlook: Closing The Year Well

The Northern Trust Economics team shares its outlook for growth, inflation and interest rates in major markets.

Read the latest Global Economic Outlook: Fall Has Arrived

The Northern Trust Economics team shares its outlook for growth, inflation and interest rates in major markets.

Read the latest Global Economic Outlook: Sweet Spot

The Northern Trust Economics team adds coverage of Canada and Australia to its outlook for major market economies.

Read the latest Global Economic Outlook: Staying Focused

The Northern Trust Economics team shares its outlook for growth, inflation and interest rates in major markets.

Read the latest Global Economic Outlook: The Summer Solstice

The Northern Trust Economics team shares its outlook for major markets, with a spotlight on the eurozone.

Read the latest Global Economic Outlook: Blooming Not Booming

The Northern Trust Economics team shares its outlook for growth, employment, inflation and interest rates in major markets.

Read the latest Global Economic Outlook: Resilience and Divergence

The Northern Trust Economics team shares its outlook for growth, employment, inflation and interest rates in major markets.

Read the latest Global Economic Outlook: Sit Tight

The Northern Trust Economics team shares its outlook for major markets, with a spotlight on China.

Read the latest Global Economic Outlook: Sustaining Progress

The Northern Trust Economics team shares its outlook for major markets. Central bank leaders have pushed back against expectations that looser policy is just around the corner.

Read the latest Global Economic Outlook: Turbulence Ahead?

The Northern Trust Economics team shares its outlook for growth, employment, inflation and interest rates across major markets.

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Our Economists

Carl R. Tannenbaum

Carl Tannenbaum is the Chief Economist for Northern Trust. In this role, he briefs clients and colleagues on the economy and business conditions, prepares the bank's official economic outlook and participates in forecast surveys. He is a member of Northern Trust's investment policy committee, its capital committee, and its asset/liability management committee.

Ryan James Boyle

Ryan James Boyle is the Chief U.S. Economist within the Global Risk Management division of Northern Trust. In this role, Ryan is responsible for briefing clients and partners on the economy and business conditions, supporting internal stress testing and capital allocation processes, and publishing economic commentaries.

Vaibhav Tandon

Vaibhav Tandon is the Chief International Economist within the Global Risk Management division of Northern Trust. In this role, Vaibhav briefs clients and colleagues on the economy and business conditions, supports internal stress testing and capital allocation processes, and publishes the bank's formal economic viewpoint. He publishes weekly economic commentaries and monthly global outlooks.

Discover More Insights

Explore our latest thought leadership on the global economy.
Develop context about the global events and economic themes that are shaping our world – and learn what they could mean for our future.
Gain quick insights by joining our chief economist for a 90-second video journey into today’s most impactful economic issues.
Review our forecasts for selected economic indicators and interest rates and explore how they could affect future U.S. economic conditions.
Explore the prospects and challenges ahead for the U.S., the U.K., the eurozone, China and Japan through analysis from our global economic research team.