Turkish Reserve Buildup Is Remedy for Lira With Bad Side Effects bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Economists at Goldman Sachs Group Inc. expected Türkiye's central bank to take a sharp pivot toward monetary easing prompting interest rates to fall by 20% by the end of the year. Once sequential inflation begins to fall at a steep pace from the third quarter, policymakers will cut rates and take their benchmark to 25%, from its current 45%, according to Goldman’s Clemens Grafe and Basak Edizgil, according to Bloomberg.
Goldman Sees Turkish Interest Rates Plummeting bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Economists at Goldman Sachs Group Inc. are predicting Turkey’s central bank will take such a sharp pivot toward monetary easing that interest rates could fall by 20 percentage points by the end of the year.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageJPMorgan Shuffles Top Managers as Jamie Dimon Prepares SuccessorsUS Extends Lead Over China in Race for World’s Biggest EconomyTesla Sinks After Warning About ‘Notably Lower’ Growth RateOnce sequ
Goldman s Upbeat Turkey Inflation Call Outdoes Central Bank View bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.