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Monthly report by KBC Asset Management
08 February 2023
The combined impact of geopolitical incidents, the lingering after-effects of the pandemic and vigilance from central banks triggered analysts to continuously revise inflation forecasts upwards and growth forecasts downwards over the past year.
Financial markets have been worried about how far central banks should go to suppress inflation since the spring of 2022, which explains the successive waves of optimism and pessimism on the financial markets.
