Fixed: Zoom/Pan very slow in Photoshop v22.3 on macOS

Since I updated to 22.3, panning around and especially zooming has a severe lag attached to it; it sometimes takes multiple seconds to finish zooming after I let go of the trackpad. All other features are working fine, like before the update.

Does anyone else experience this problem? Or/and have any solutions?

13-inch Macbook Pro Early 2015, 2.7 GHz Intel Core i5, 8GB RAM, running on macOS Mojave 10.14.6.

{ Moderator Note: Thread title edited, PS-63413 }