“2023 will not be easy for the ECB. facing a low growth environment.” Lucia Gutierrez
“From the first half of 2023 we will continue to look at issues that worry us throughout the year, such as inflation or central bank policies,” explained Lucía Gutierrez-Mellado, Director of Strategy at JP Morgan Asset Management for Spain and Portugal . “We expect Europe and UK to enter recession, US gradually avoid it. But we are seeing positive growth. On these dates, next year, inflation should be more than contained.
“After the corrections we’ve seen this year in equities and fixed income, we see an opportunity that hasn’t been seen for a long time.” On the other hand, he confirmed that “next year will not be easy for the ECB. It faces a lower growth environment and Europe is likely to slip into recession.
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