Soaring inflation remains key concern: JPMorgan

Soaring inflation remains the key concern for financial markets and policy makers at this stage, says Bharat Iyer, JPMorgan.

May 30, 2011 / 07:47 IST

Bharat Iyer, JPMorgan said that, "Soaring inflation remains the key concern for financial markets and policy makers at this stage. Inflation is expected to remain elevated over the near-term, particularly as fuel prices are raised, and equity markets may continue to agonize over the trend herein. We have been switching our portfolio bias from global sectors including IT services and energy towards financials and industrials."

first published: May 30, 2011 07:45 am

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