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Central Bank Focus

Turkey: Moderating Inflation Points To Further Easing Ahead

by Rajeeb Pramanik, India, ASEAN, and EMEA Strategist   Armen Hamazaspyan, Research Analyst  

The Central Bank of Turkey cut its 1-week repo rate by 100 bps to 39.5%, in line with expectations. Our Emerging Markets strategists see room for further cuts as moderating inflation and subdued activity justify additional policy support. Additionally, real…

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