2023 Inflation & GDP Growth Forecast

Morningstar’s Third Quarter 2022 US Economic Outlook: We Expect Inflation to Plummet in 2023, Allowing the Fed to Cut Rates and Jump Start GDP Growth With high inflation still raging and rising recession fears, macroeconomic factors remain at the forefront of investors’ concerns. In this edition of our quarterly Economic Outlook series, we’ll provide: • A comprehensive overview near-term trends, which will help you explain the U.S. economic situation to your clients. • Detailed explanation of our long-term forecasts for GDP growth, inflation, interest rates, and other variables. We’ll also compare our forecasts with what the market is pricing in. • A deep dive into the inflation problem and why we expect it to be resolved.