The increase in rates will begin to realize itself closer to March. FRS does everything right.
Taking into account the Fed's policy for 2023, macroeconomic factors and banking policy, 2023 can easily become the year of the red candle or the continuation of the downtrend.
Let's now go deeper into the economy and see what is happening in it now.
We all know that the credit policy of the USA and the EU for individuals. the price is very profitable. Interest rates were very low, and housing loans were even negative. All this led to individuals grow lending themselves to the ceiling of their salaries. Not the way I teach you – to calculate only from net income – namely from a salary on paper.
Due to the increase in interest rates, % on loans begin to grow and payments from individuals grow with them. All this, at a distance, will lead to the fact that many people will have to start selling their property in order to pay off their debts to banks.