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In the first quarter of 2023, the question of ‘how much longer will central banks need to fight inflation’ defined financial markets.

United statesUnited kingdomJay powellFederal reserveInternational equitiesSilicon valley bankSame factsTwo very different conclusions leadSilicon valleyGrowth oriented sectors leadCommodity producersChina lag developed europeEmerging marketsDeveloped marketsBond marketUnder control