001 - Sreejith Balasubramanian - Economist with the Fixed Income Fund Management team at IDFC MF

Episode 1,   Nov 09, 2022, 07:04 AM

“A crucial aspect back then...was the strong consumer demand, particularly for durable goods, driven by multiple rounds of general fiscal stimulus in the US in the form of unemployment insurance and direct cash payments.

In 2022, energy prices spiked, and consumer spending rotated from durable goods to services. This meant headline and core inflation were no longer moving in together, unlike in 2021.”

Wonder what's exactly behind the high US inflation readings? 
Listen to Sreejith Balasubramanian on “Let’s Talk Macro”, as he highlights how its drivers have changed, the alternative measures, expectations and risks.

Sreejith Balasubramanian is an Economist with the Fixed Income Fund Management team at IDFC MF since 2017. He has over twelve years of experience in domestic and global macroeconomic research.