Türkiye EN

News scope

  • Global
  • Türkiye
  • Russia
  • Middle East
  • China

Language

You are reading news about Türkiye in English.

Language

JPMorgan: Central Bank to cut rates by 200 basis points in October and December

Photo: Ekonomim

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.

The bank forecasts the rate will decline to 36 percent at the October 22 meeting. Forecasting monthly inflation of 2.2 percent for September, JPMorgan expects annual inflation to fall to 30.2 percent and to 29.5 percent by year-end.

JPMorgan: Central Bank to cut rates by 200 basis points in October and December

Sources 1 source

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Ekonomim25 Sept, 16:59 JPMorgan: TCMB ekim ve aralıkta faizi indirecek

Mentioned in this story

Share this story

gazete share card
Card theme