Ten key themes for 2023 and beyond

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March 2023

2022 was certainly a tumultuous time for investors. The year was dominated by the Federal Reserve’s actions to fight inflation, particularly given the widespread perception earlier in the year that it was behind the curve. US Core inflation stood at 6% at the start of 2022 and it was clear that the Fed would need to tighten. It duly did, and at the fastest pace in four decades.