My expectation is that the year 2023 would be a better year than 2022. The consensus expectation is currently factoring in significant global growth slowdown and slow pace of fall in inflation rate during 2023.
Fed’s Beth Hammack and Thomas Barkin favour gradual rate hikes as inflation stays high
Two officials from the Federal Reserve have supported modest and steady interest rate increases to combat high inflation. They believe these adjustments should minimize disruptions