Chart of the Month: February 2023


With signs inflation has peaked and may be turning, the Central Bank jumbo hiking cycle is coming to an end. If the market’s inflation expectations for 2024 are correct (inflation closer to the 2% target) it would allow central banks to unwind their restrictive monetary policy to a more neutral level, resulting in interest rate cuts.

For those who want further insights on Eurozone, UK and US markets you can read the latest monthly market update here.