On the sidelines of the World Economic Forum in Davos, Switzerland, UBS CEO Ralph Hamers said 2023 will be 'the year of inflection' for the global economy.
Investors have met a recent deluge of promising data from major economies with cautious optimism, with inflation prints indicating that consumer price increases may be coming back to earth.
Standard Chartered CEO Bill Winters told CNBC in Davos on Tuesday that he was wary of concluding that inflation is over the hill, especially when looking at the global picture. Investors are cautiously optimistic on the recent deluge of promising data from major economies, with inflation prints indicating that consumer price increases may be coming back to earth.
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