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Disappointment over Fed easing and recent banking turmoil likely to further weigh on sector
Many of the factors that have boosted the region’s equities in the year to date are likely to fade as 2023 progresses
The potential for greater structural shift in price growth from shrinking workforces is rising
Currency is being driven by events outside the US as much as what happens inside its borders
The Fed will eventually have to do more than ‘budge’ on interest rates
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