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JPMorgan Maintains Year-End Policy Rate Forecast At 30%

TURKEY
  • JPMORGAN MAINTAINS TURKEY YEAR-END POLICY RATE FORECAST AT 30%, SEES "MORE GRADUAL" TIGHTENING CYCLE
  • JPM SETS YEAR-END INFLATION FORECAST FOR TURKEY AT 50% FROM 45.5%
  • JPM RAISES TURKEY 2023 FULL-YEAR GDP GROWTH FORECAST TO 3.2% FROM 2.5%; 2023 CURRENT ACCOUNT DEFICIT SEEN AT 4.5% OF GDP, FROM 3.2% (Reuters)

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