2022: the year of the war against inflation

However, it has mostly been the U.S. Federal Reserve's 225 basis point hikes over the past 12 months- and the possibility of more- that have kept markets on edge, against a backdrop of sharply slowing growth. "If you look at the tightening of monetary policy in the U.S., it's basically one of the sharpest in the last 20 years," David Hauner, head of EMEA emerging markets…