Summary
As HSBC's report for 2023 begins, investors will likely face economic challenges from rising interest rates and slowing momentum, particularly in the US, Eurozone, and UK where recession persists. Despite these difficulties, investors can still find opportunities especially regarding inflation drivers, which are easing in the US as prices and transportation costs have passed their peak. Core inflation might persist but there is some hope for it to lessen enabling central banks to ease on interest hikes in the future.
Region:
Global
Published:
January 2023
Author(s):
HSBC
Language:
English