January 2023 / VIDEO
Five Important Insights From 2022
The Fed is determind to fight inflation and yield is back, but socially oriented goals could impact economic policies in China
The Fed is committed to do whatever it takes to get inflation back to healthy levels. In 2022, the rout in bonds helped to restore healthy yields but reminded investors that stocks and bonds can sometimes sell off at the same time. Meanwhile, a focus on socially oriented goals could lead to less predictable economic policy changes in China.
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Tim Murray is a capital market strategist in the Multi-Asset Division. Tim is a vice president of T. Rowe Price Associates, Inc.
