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Economic Trends & Insights

Northern Trust's team of economists against a gray background

Discover the latest economic and financial insights from our team of economists.

Read Trump's Reciprocal Tariffs: No Fooling Around

This week's trade policy shock was historic. Carl Tannenbaum, Ryan Boyle and Vaibhav Tandon explain.

Read Is Another Currency Accord Ahead?

Could a Mar-a-Lago Accord change America's export prospects? Ryan Boyle explains.

Read A View From The Foreign Exchange Desk

We call upon an expert for the latest on foreign exchange markets. Carl Tannenbaum explains.

Read China Strives To Contain Its Currency

Devaluation of the CNY could open a new battle front with the U.S. Vaibhav Tandon explains.

Read Believe It or Not

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

Watch the latest View from Here: Fast and Furious

Chief Economist Carl Tannenbaum discusses the fast escalation of trade frictions this year.

Read Random Thoughts

This week's reprieve from trade news won't last.

Read Path Dependent

The Northern Trust Economics team shares an outlook for U.S. growth, inflation, employment and interest rates.

Read The Importance of the Panama Canal

The canal is a vital and valuable trade route. Vaibhav Tandon explains.

Read Quantitative Tightening Nearly Terminated

Quantitative Tightening Nearly Terminated Ryan Boyle explains.

Read Sustaining Economic Statistics

Policy decisions require reliable data. Carl Tannenbaum explains.

Read China Stimulus: Better Luck Next Year

Two Sessions offered zero surprises. Vaibhav Tandon explains.

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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.