The Fed closes 2023 with rates at record highs in the U.S.: when will they fall again?

After a frenetic 2022 with seven rate hikes worth 425 basis points, the U.S. Federal Reserve has made four more this year, an adjustment of another 100 points that has seemingly put an end to the bullish streak and opens up a 2024 with an expectation of lower rates, albeit slowly. At its last meeting of the year held on December 13 and 14, the members of the US…