Free Trial

MNI CBRT Preview - January 2022:  CBRT Hits Pause at 14%, Markets Brace for Surge in CPI

TURKEY

20/01/22 – 1100GMT/1200CEST/0600ET


The CBRT is broadly expected to leave its one-week repo unchanged at 14% this week after December’s forward guidance stipulated that the limited room for easing had been completely used up. Policy is expected to become more complicated in the near-term with CPI set to surge above 50% by 2H22, adding pressure on officials to deliver more forceful non-standard measures to re-anchor prices in the absence of rate hikes.


Full Preview Here:

CBRT Preview 20.01.22.pdf



MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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.