Swift growth recovery likely but inflation may not be transitory: Nomura’s Sonal Varma

“Our own judgement is that the economy does not need this quantum of liquidity and allowing ample liquidity conditions to continue for too long will create macro challenges down the line...“In terms of growth -- we think there has been a fairly swift cyclical recovery…On inflation; our view is this is not transitory, for various reasons.”

from Economy-News-Economic Times https://ift.tt/3Bl4OpA