MNI BRIEF: PBOC To Curb Any Overshooting Of The Yuan-MPC

MNI China Daily Summary: Wednesday, April 3

MNI BRIEF: Japan Q4 Output Gap Posts Positive Figure - BOJ

MNI: PBOC Drains Net CNY248 Bln Via OMO Weds; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0949 Weds; -4.77% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

US MBA: REFIS -2% SA; PURCH INDEX -0.1% SA THRU MARCH 29 WK

MNI: US MBA: MARKET COMPOSITE -0.6% SA THRU MAR 29 WK

Pickup In Core Momentum Clouded By Easter Effect

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Fitch: Turkish CPI to hit 25% In December, CBRT to Hike Rates to 17% in 2022

TURKEY
  • Fitch revised its estimate from 17.2% to 25% in a report this week, expecting inflation to peak early next year before slowing to 19% by the end of 2022.
  • Strong economic growth, rising inflation and a weak lira means the Turkish central bank’s low interest rate policies are unsustainable, Fitch said.
  • It predicted that the central bank would raise its benchmark interest rate to 17 percent during 2022.
  • Fitch increased its economic growth estimate for Turkey this year to 10.5% from 9.2%, 3.6% in 2022 and 4.5% in 2023
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.