JPMorgan: Central Bank to cut rates by 200 basis points in October and December
JPMorgan expects the Central Bank (TCMB) to cut the policy rate by 100 basis points at each of its October and December meetings, bringing it to 35 percent by year-end.
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You are reading news about Türkiye in English.
The Central Bank (TCMB) is a legally independent economic institution that issues banknotes and conducts the monetary and credit policy of the Turkish government. It holds the monopoly on printing paper currency and, based on this authority, independently determines monetary policy. It also ensures the circulation of coins.
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JPMorgan expects the Central Bank (TCMB) to cut the policy rate by 100 basis points at each of its October and December meetings, bringing it to 35 percent by year-end.…
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