While quantitative easing remains a plausible option, but it is unlikely to happen during the year 2023. As FED has decided to leave interest rates unchanged in their previous meeting  due to consistent downward trend in inflation. However, as FED chairman hinted that in his policy statement that two more interest rates hikes are possible during the year 2023. Therefore, FED may choose to increase interest rate by 0.25%  in their next meeting scheduled to be held during the current week. Let's watch and wait, how the situation unfolds in the next 72 hrs.