A year ago, core inflation still hadn’t peaked, the drivers of inflation were widely misunderstand, and policymakers were going all out. By now, inflation has clearly peaked and inflation expectations are under control. Fed policymakers will want to maintain some restraint on the economy, but stock market buoyancy certainly hasn’t been an issue for them
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Geopolitical risks, price volatility, clashing cycles, higher interest rates – these are tough times for economies and investors. Ahead of the 2022 Societe