Inflation may be tamed and come under control towards the end of the year, according to GV Giri, President of IIFL Securities. The expectation of a weakened US economy with possible rate cuts could weaken the dollar and lead to money coming back to the market in late 2021 or early 2022. Giri predicts a slowdown and potential outflow of funds from the market for the next 6-8 months, with a possible earnings recession globally and in India.
