Analysts differ on scale of Turkey’s forthcoming rate cut

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Analysts differ on scale of Turkey’s forthcoming rate cut

Trying to second-guess Turkey’s central bank has never been a pursuit for the faint-hearted. Analysts range wildly in their predictions for how the bank’s new chief, Murat Uysal, will respond to heavy pressure president Recep Tayyip Erdogan to cut rates. ‘There is very, very high uncertainty,’ said Piotr Matys, an emerging markets currency str […]

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Trying to second-guess Turkey’s central bank has never been a pursuit for the faint-hearted. Analysts range wildly in their predictions for how the bank’s new chief, Murat Uysal, will respond to heavy pressure president Recep Tayyip Erdogan to cut rates. ‘There is very, very high uncertainty,’ said Piotr Matys, an emerging markets currency str […]

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