agree, but essentially I hear them saying our current "Malaise" is due to a "Geopolitical" shock...which we all know is Putin's War against Ukraine...everyone is affected to varying degrees...Saudi Arabia has all the oil and gas it needs, so they have a lower inflationary impact...other countries aren't so fortunate...like us.
The Fed BOG also takes the time to "predict" what the future might hold...you might want to offer your own assessment...btw, I really did call our 'Family Econ PhDs' about this...waiting until the data is assimilated in a week or so by the firm one of them works for...if I'm able/allowed, I'll share their analysis.