We have a deeper look at the factors at play to start the year including the global economy, interest and inflation rates, and equities.

2023—the year in review.

The markets have been volatile recently because inflation has not declined as expected, and interest rates remain high. Investors had thought central banks would have started discussing interest rate cuts by now, but that has yet to happen. When do we expect interest rates to lower?

The high cost of living is convincing some people to adjust their plans.

Understanding the impact of debt and interest rates on your household budget is more important than ever. Speak to your Financial Planner to learn more about the options that are available to help you withstand a rising interest rate environment.

In 2022, markets around the world were affected by high inflation, rising interest rates, and concerns about slowing economic growth in 2023. It’s helpful to remember that market corrections are normal, and that it’s best to remain focused on long-term goals.