Quarterly Economic Report, Q4 2022
The SVB Asset Management Economic Report is a quarterly review and outlook on economic and market factors that impact global markets and business health.
The Federal Reserve continues its hawkish policy.
The Fed is focused on lowering inflation and hawkish monetary policy remains in place.
Front-end rates have accelerated higher.
Markets have digested Fed guidance and inflation data and factored in an aggressive Fed in 2022.
The yield curve remains inverted.
The shape of the yield curve warrants monitoring as a possible predictor of recession.