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ING global economic outlook 2023 December 2022 Our 3 calls for central banks Global central banks are facing unprecedented challenges. Here's our focus on the main ones Carsten Brzeski Global Head of Macro and Chief Economist, Eurozone, Germany, Austria [email protected] James Knightley Chief International Economist, Americas [email protected] Iris Pang Chief Economist, Greater China [email protected] James Smith Economist, Developed Markets [email protected] As central banks continue to grapple with high inflation, interest rate hikes will continue in early 2023 – albeit at a Developed markets: Our calls at a glance Source: ING Central and Eastern Europe/EMEA: Our calls at a glance Source: ING

ING Global Economic Outlook 2023 - Page 14 ING Global Economic Outlook 2023 Page 13 Page 15

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