Economists see Turkey’s central bank raising rates steeply at its meeting on Thursday, while offering starkly different expectations on the size of the move.
Economists are predicting that Turkey’s central bank will make a significant increase in interest rates at its upcoming meeting on Thursday. However, there are differing opinions among these economists on the exact magnitude of the rate hike.
This anticipation of a steep rate hike from Turkey’s central bank signifies the country’s commitment to addressing its economic challenges. It is an important step towards stabilizing the economy and restoring confidence in the financial markets.