Searcher
Sumedh Deorukhkar
Sumedh Deorukhkar
Senior Economist
Madrid

Sumedh Deorukhkar joined BBVA Research in 2011. Starting 2019, he has been working as a Senior Economist in the Economic and Financial Forecasting Unit, based in Madrid. His key areas of responsibility include analysis of global portfolio flows and macroeconomic scenarios.

In his prior capacity as Senior Economist Asia, based in Hong Kong and Mumbai, he contributed to a variety of economic research reports on China, India, & ASEAN. He also worked closely with BBVA’s fixed income sales team to provide macroeconomic perspectives to BBVA’s clients across the region, which included several Asian Central Banks. He was also responsible for providing strategic insights to BBVA’s management on Fintech potential in Asia.

In previous years, Sumedh worked with ICICI Bank, India’s largest private sector bank, as an economist in its Treasury department, where he published extensively on the US economy and global financial markets.

Sumedh regularly shares economic views across electronic media and his work is quoted in leading business newspapers and magazines. He holds an MSc degree in Economics from Indira Gandhi Institute of Development Research, an advanced research institute established by the Reserve Bank of India. He also holds a specialized degree in Financial Risk Management from the Global Association of Risk Professionals (GARP), USA.

Latest publications

October data points to continued moderation in both headline and core inflation in the United States, while Europe sees no respite. Meanwhile, supply bottlenecks continue to ease, more meaningfully for the US as compared to the Euro Area
The ECB has hiked by 200 bps all its three key interest rates so far in this cycle (including today’s 75bps). Today's largely anticipated rate decision was accompanied by other measures to facilitate monetary policy transmission and aid ongoing policy tightening stance
Headline inflation in the US appears to have peaked in June but hit a new high in the Euro Area last month. Core inflation continued to reach new highs. The spread of high inflation to a larger range of goods has stabilized, although it still at high levels. Our supply bottlenecks indicator eased further last month.