Analysts expect interest rate cut by the end of this year
Inflatie
ISTANBUL Analysts at some international banks are now expecting the Turkish Central Bank to deliver a rate cut in November after the bank altered its guidance. In a statement accompanying its rate decision, the bank said on Sept. 19 that “monetary policy tools will be used effectively in case a significant and persistent deterioration in inflation is foreseen.” In previous statements released after the rate decisions the bank emphasized that “monetary policy stance will be tightened in case a
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