September 20, 2024 07:31 GMT
TURKEY: MNI CBRT Review – September 2024
TURKEY
- The CBRT left its one-week repo rate unchanged at 50%, in-line with unanimous consensus.
- However, the Bank removed explicit reference to the potential for further rate hikes, providing a dovish tilt to the policy statement.
- Some analysts see rate cuts beginning as early as November, while others expect rates to remain unchanged for the remainder of this year.
See the full review, with a summary of sell-side analyst views, here.
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