A meticulous analysis of key statements, notably from Powell, Harker, Mester, Goolsbee, and Collins, affirms the likely trajectory: a rate hike is indeed on the cards for 2023. Navigating the 2023 Forecast Piecing the puzzle together, the collective rhetoric from these Federal Reserve stalwarts points towards a cautiously calibrated future approach. The Federal Reserve has its fingers on the pulse, and while they’re steering towards a soft landing, they’re geared up to apply brakes firmly, if inflation tries to race ahead.