Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends, and investment opportunities. This is Saloni Goel.
Many developed economies are struggling with decadal high inflation that has started reflecting on weak consumer demand. Central banks seem to be left with no option but to tighten monetary policies further, which is fuelling growth concerns, sending financial markets into a tailspin.
There are fears of a recession in the US, more so as the US Fed now believes it is a challenging task for it to secure a ‘soft landing’. Investors are unsure how much growth policymakers are willing to sacrifice to bring inflation under control. The process could be painful.
ETMarkets caught up with Radhika Rao, senior economist with DBS Bank to understand these global developments closely. Rao talked about weakness in the rupee, foreign outflows and also commodity prices, which have started easing a bit amid global…
