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Vanguard economic and market outlook for 2023: Beating back inflation

Still beating back inflation

Find out why we anticipate further global economic challenges in the second half of 2023 in the mid-year update to our economic and market outlook.

Vanguard economic and market outlook for 2023: Beating back inflation

The Vanguard difference

Our unique mutual ownership structure in the US, where we are owned by our clients*, means our interests are aligned with those of our investors globally. It is this structure that underpins our core purpose, which is to take a stand for all investors, treat them fairly and give them the best chance for investment success. Read our guides to discover the true Vanguard difference.

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*The Vanguard Group, Inc. is owned by Vanguard's US-domiciled funds and ETFs. Those funds in turn are owned by their investors.