Beware! Prashant Jain warns high inflation in the US isn’t going away anytime soon

In his first interview after quitting HDFC AMC, market veteran Prashant Jain said that inflation will take longer to come down in the US. He said, "there are three key drivers or key components of inflation in the US. The US economy has strong demand, low working age population growth, increasing rents, and increasing import prices."