Prof. Dr. Hakan Kara stated that the funding crisis would slow economic activity and growth, but would alleviate inflationary pressures. Highlighting the risks of a shift towards foreign currency and reserve loss, Kara said he expects a 100 basis point interest rate cut in October.
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Prof. Dr. Hakan Kara stated that the funding crisis would slow economic activity and growth, but would alleviate inflationary pressures. Highlighting the risks of a shift towards foreign currency and reserve loss, Kara said he expects a 100 basis point interest rate cut in October.