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Fortune
Fortune
Will Daniel

This is the finance word of the year for 2023, and it’s more hopeful than you may think, according to UBS Global Wealth Management

Stock trader Greg Rowe Traders works on the floor of the New York Stock Exchange during morning trading on November 17, 2022 in New York City. (Credit: Michael M. Santiago—Getty Images)

“Disinflation” will be the finance world’s “word of the year” in 2023, UBS Global Wealth Management says.

It’s a bold choice considering inflation reached a four-decade high of 9.1% in June, but most economists now believe consumer price increases have since peaked.

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