Historical Year Data · 2022
US Credit-to-GDP Gap in 2022
US Credit-to-GDP Gap opened 2022 at -2.3 and closed at -6.2, a -169.57% move for the year. The high of -2.3 was reached on March 31, and the low of -6.2 on December 31.
Open
-2.3
2022-01
Close
-6.2
4 data points
High
-2.3
Mar 31
Low
-6.2
Dec 31
Full Year Change
-169.57%
2021 Change
-122.22%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Mar | -2.3 | -2.3 | -2.3 | -2.3 | +0.00% |
| Jun | -3.4 | -3.4 | -3.4 | -3.4 | +0.00% |
| Sep | -4.9 | -4.9 | -4.9 | -4.9 | +0.00% |
| Dec | -6.2 | -6.2 | -6.2 | -6.2 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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