Although inflation is starting to tick down, it is nowhere near the 2% range the Fed is targeting, so expect more interest rate hikes in 2023 and beyond -- albeit at a less aggressive pace. The first reason is that loan activity should remain robust for the bank, even in an economy that is forecast to slow, and possibly even go into a recession. Those will be metrics worth watching through the first few quarters of 2023, but overall, the bank has done a good job of diversifying its loan mix over the years, reducing its overall credit risk.