While the stock market has been volatile amid the multi-decade high inflation and consecutive rate hikes, many experts anticipate a rebound this year. Moreover, U.S. Treasury Secretary Janet Yellen said, “I believe by the end of next year, you will see much lower inflation.”
According to St. Louis Federal Reserve leader James Bullard, the odds of the U.S. economy achieving a ‘soft landing’ has increased from the 2022 fall. He believes the economy will rebound with a strong labor market.
