The Fed Governors now need to determine how much further they need to go with higher interest rates, which have been used to slow the economy and tame inflation.
Outlook
Our data also shows that companies with better ESG performance are more resilient in high-volatility environments.
The reliance on manual scheduling methods at Southwest Airlines highlights the importance of investing in digital solutions that can help airlines adapt to changing circumstances and optimize their operations.
We have now come to recognize that inflation - the first derivative of prices - may be above the Federal Reserve's 2% target for some time. Hoping for a quick reversion to stable prices is largely futile, so instead we are focusing more on whether inflation is slowing.
As we look back at our best and worst calls of 2022, it seems like an opportune time to reassess the market's behavior and our own understanding of it. Despite some predictions being correct, we wish we were more emphatic about others.
The Fed stuck to its higher-for-longer stance, with Chairman Jerome Powell reiterating that taming inflation remains a priority, while Chinese markets rallied after easing of their strict 'zero Covid' policy.