US EditionCiti Expects Turkiye’s Inflation to Ease to 30% and Policy Rate to Fall to 37% by End
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Citi Expects Turkiye’s Inflation to Ease to 30% and Policy Rate to Fall to 37% by End
U.S.-based investment bank Citi forecasted that Türkiye’s inflation will ease to 30% by end-2025, with the policy rate falling to 37%about 350 basis points below the current 40.5% in its latest client note following September’s worse-than-expected consumer price data. Türkiye’s inflation broke a 15-month downward trend in September, rising to 33.2% as monthly consumer prices increased sharply by 3.19%. In their note, the bank’s economists Ilker …
Citi expects Turkey's year-end inflation rate to fall to 30 percent and the policy rate to fall to 37 percent. Morgan Stanley also predicted a year-end interest rate of 37 percent. Meanwhile, representatives of the real sector in Turkey anticipate even greater interest rate cuts.
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