The credibility of a Central Bank is also at stake by doing what makes the most sense for the economy depending on the circumstances.
Temporary jobs have been declining since mid-2022.
Most baseline scenarios for 2023 assume either a soft landing or a mild recession, under the assumption that inflation will decelerate significantly and that the terminal policy rate would be in the range of 5.0% - 5.25%.
The U.S. real estate market is booming