Fazzaco Exclusive: A 2023 Pan-Financial Industry Outlook

An experienced driver knows that it is very important to observe the traffic behind through the rearview mirror while driving. It keeps you safe. Or you might run into trouble if you only focus on the front and not the back, and vice versa. As a pan-financial information aggregator, Fazzaco not only is bringing you?a review on the year of 2022 , but now we bring you the exclusive, A 2023 Pan-Financial Industry Outlook.

We are so familiar with the following topics that filled the past year: the Fed's interest rate hike, and the consequent market turmoil, also attributed to the global inflation; multiple cryptocurrency platforms went collapsed, including?Celsius and?FTX?and more, that kicked the entire crypto community straight into the freezing winter; and the increasing MT4/5 whitelabel threshold as well as the?drama between MetaQuotes and Apple ; the expansion of forex brokers into?emerging markets in the Middle East and Africa , and the increasingly stringent yet more standardized?global financial regulation .

Will the Fed Cut Interest Rates in 2023?

The global financial markets have been ravaged by inflation throughout 2022. The US Federal Reserve has raised interest rates seven times ever since the first in May, and now the benchmark rate is somewhere in between 4.25%~4.50%, the peak in nearly two decades. Everyone in the markets are expecting a pivot point where the Fed might cut rates in the new year.

However,?we are now looking at a highly inflated world. The chance of lower rates in this year would be really low if an economic recession occurs in America, leading to a growing consumer price index (CPI). Thus, the actual pivot moment will only be ushered in, for the Fed of course, when the battle against inflation comes to the point of triumph.

And because of that, Fazzaco is inclined to believe that perhaps, the long-awaited pivot would not become reality in early 2023. Some industry analysts argue that we will be very close to a turnaround point around April or May. But the actual pivot moment may come even later than everyone expected because of all sorts of uncertainties.Read More Here